Vangard Wellington (VLEX) Is a Great Bear Market Play
Aug 28th, 2008 | By Keith Fitz-Gerald | Category: Featured, Financial NewsAccording to Barron’s: “The bear market in the Standard & Poor’s 500 is quite clear. Since peaking last October, the index has made lower lows and lower highs to meet the minimum definition of a bearish trend.”
And much like physics, says the mag: “Markets in motion tend to stay in motion. Trends persist as it is human nature to extrapolate existing conditions into the future.”
So how should investors react? Keith Fitz-Gerald in Money Morning says one concrete action to take is investing in a balanced fund to reduce risk. He recommends Vanguard Wellington (MUTF:VWELX).