We thought there'd be a shift to growth this year because value had been leading for five or six years, but we also thought there would be a shift to large caps, which clearly hasn't happened. Meanwhile, value-oriented sectors such as financial services, banks and brokers haven't been strong, another factor helping to drive growth over value.
More Quotes from Don Cassidy:
I think it tells you a lot about the confidence you can have investing overseas. And maybe a little about the kind of quarter we had here at home.Don Cassidy
The long-term virtue of this idea, what you'll begin to create, is a terrific lifetime habit that will give a person a great deal of lasting benefit. That weighs a lot more than the short-term thrill of tearing off the wrapping paper.
Don Cassidy
The greatest asset people in the 18 to 34 generation have is time.
Don Cassidy
People will feel they did not make a lot of money (this year), and yet they may well see some significant capital gains taxes due on their funds holdings.
Don Cassidy
You get inflation, and that'll prompt a lot of investors to look overseas, even in their 401(k) plans. Those funds can be volatile, certainly, but it's best to grit your teeth, put a little money in there and not look at it every day.
Don Cassidy
If you're saying, 'I think this year China, or Japan, is the winning place,' well, you have to agonize over that decision more if you're choosing among mutual funds. And while you may not go into an ETF saying, 'I'm going to trade this thing,' if avian flu breaks out, you can be out of there in 20 minutes. So that takes some pressure off.
Don Cassidy
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Based on Topics: Value QuotesBased on Keywords: value-oriented
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