David John Marotta says, “Don’t let fear or greed keep you from setting an asset allocation and rebalancing back to it. It is always the right time to have a balanced portfolio. The global markets will correct during 2013 they do nearly every year. But they also on average go up over the course of the entire year. An annual market correction should not be allowed to ruin a brilliant asset allocation.”
Austin Fey is a Wealth Manager at Marotta Wealth Management, specializing in charitable giving and asset allocations. She is a regular contributor to our Marotta On Money articles, often giving advice to those just getting started in finance.
David John Marotta is the Founder and President of Marotta Wealth Management. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. In addition to his financial writing, David is a co-author of The Haunting of Bob Cratchit.