Of Mutual Interest: Best year-end moves for a bull market
NEW YORK — For most investors, 2016 was a very good year.
And if you’re sitting on some fat gains in your portfolio with the market marching through record after record, you might be tempted to leave well enough alone.
“In a strong bull market, it’s easy to sit back and watch your balance grow,” says Christine Benz, director of personal finance at Morningstar. “But this is actually a very opportune time to look and think about making some changes.”
Another reason to give your portfolio some attention now: once the clock hits midnight on December 31st, you’ll have missed the window to make some crucial changes that can pay off down the road.