Broad market participation and the surge of hedging activity assure market volatility; we may as well see this as an opportunity.
Now, I hope you will carry on today as long as you like, but I promised Elizabeth that I would take the early train to Ridgewood so we could drive to Spring Lake tonight and beat the holiday traffic. Before I go, may I suggest that we schedule another meeting after Labor Day with the specific agenda of each presenting our best big-picture convictions and how we will implement them in our portfolios. I'll really look forward to that."
J. Michael Martin, JD, CFP, is president of Financial Advantage in Columbia, Md.