We're still in the first quarter of 2026, but after a volatile 2025 we're focusing on learning and adaptability for investment portfolio management this year. Of course, the war with Iran and petrol inflation worries could have a further downward effect on the equity markets, yet also lead to value purchases. Just look at HPE, META and MSFT’s recent dips. (How low will they go? When to purchase? What are the risks?) I'm quoted in this article from Financial Advisor, so thought I would share and update.
“As it’s nearly impossible to tell clients what to ‘expect,’ we’re preparing defensively, especially as many of our clients are seniors and have generally had good returns,” Schindler says, adding that he would not be surprised by a correction in 2026. His firm has already reduced its equity exposure, trimming portfolios from roughly 74% equities to closer to 62%, while adding to fixed income, foreign stocks and cash.” – Aaron Schindler
That was mld-February and primarily refers to IRAs (no capital gains). We further reduced equity to approximately 45% in many accounts in our Moderate Growth IRA Model by the end of February.