They say “defense wins championships” when it comes to which side of the football is responsible for securing the win in the Superbowl. It’s impossible to lose if the other team can’t score. The same concept can be applied to investing. A defensive stance in investing- one which attempts to limit losses as opposed to always trying to maximize gains- is a more conservative way to build wealth. So it is time to de-risk your portfolio?
Click to read the entire article that appeared in Yahoo Finance.