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The markets were stabilizing after sharp drops early last week following reports of mixed results in quarterly earnings, more layoffs and other unsettling economic news. This came on the heels of several days of rallies that had some investors feeling optimistic ”“ albeit cautiously ”“ and others watching with a wary eye.
What”™s an investor to do? Have we hit bottom? No one can say for certain, but this may be a good time to review your portfolio and consider some strategies for going forward.
The Business Journal checked in with Joe Biegel who works with Associated Benefit Consultants and is a financial adviser of Park Avenue Securities in Rye Brook.
In an “Online” interview, Biegel talked about the markets and offered some tips for assessing your financial situation.