Diversification can cushion losses in bear markets
Paul Merriman of Merriman Asset Management notes diversification across stock fund categories and fixed income funds can improve resilience in downturns. Data from Lipper shows about a quarter of fund categories beat the two year market. Gold funds and real estate funds posted strong returns while small and mid cap value funds also rose.
MENTIONED IN THIS ARTICLE
Paul Merriman
Merriman Asset Management
Seattle
FundAdvice.com
Lipper Inc
Lipper
Jeff Tjornehoj
Boomer wanderlust fuels surge in RV sales and growth
Post 9/11 travel concerns drive baby boomers to choose road trips over flights. Lou Holtmann buys five RVs for family vacations as RVIA data shows a 20 percent rise in sales in early 2002, led by boomers seeking control, comfort, and domestic travel.
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New York
Lou Holtmann
My Generation
AARP
Recreation Vehicle Industry Association
Northeast
RVIA
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