To Understand Your Risk, Know What You Own

To Understand Your Risk, Know What You Own
(Courtney Crow/New York Stock Exchange via AP)
Late last year I wrote a weekly update that focused on the speculative nature of the markets. In that article, I focused on the S&P 500 because I wanted to make a point, namely that owning the S&P 500 did not absolve investment advisers of their fiduciary duty. If you
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