How to Protect Your Portfolio Against Black Swans

Unpredictable macro events can roil financial markets. You need the right mindset for dealing with such big shocks.

After the tremendous stock market boom of the 1980s and 1990s, investors thought they could do no wrong. But the events on September 11, 2001, shook everyone from their complacency. Investors realized that big forces outside of the market present a much greater risk than the inherent dynamics of the market.

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Pete Woodring, RIA
Founding Partner, Cypress Partners

Woodring is founding partner of San Francisco Bay area Cypress Partners, a fee-only wealth consulting practice that provides personalized, comprehensive services that help retirees and busy professionals to enjoy life free of financial concern.