Founding principal Stephen Lee joined TD Ameritrade Network’s Market Overtime and addressed the economic environment: “Well this has been interesting because this selloff and recovery has been a little bit different because certainly it’s an economic slowdown, but it’s also a massive shift in behavior of almost every businesses’ customers.” In addition, he discussed a key perspective for looking at companies. As Stephen mentioned, “Traditionally in recessions and recoveries, slow, steady, financially sound companies-they win the day. But now nimble has been as important as resources.”
Looking to diversify your portfolio? Founding principal Stephen Lee spoke about positioning a portfolio for the long term on TD Ameritrade Network’s Market Overtime.
*Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk.