2025-04-11
21 分钟Let's get to Dana Diorio, Co-Chief Investment Officer at Investnet, joining us from Hartford, Connecticut.
Okay, so what do you do?
It's been a crazy 24 hours within the market.
How do you position?
Yeah, that's the big question.
It's so funny because, so actually, I'm at our conference in Las Vegas, our Investnet Elevate Conference,
and I was just on stage yesterday, literally as the pause was happening, telling everyone to stay the course.
The timing was madness and kind of showing what had happened on Monday when we had this false report of a reprieve and stocks skyrocketed only to come back down.
And when you're a financial advisor trying to trade on this, it's absolutely impossible, of course.
And so, the messaging then and now is kind of you've got to stay put.
I mean, certainly, if you have clients who are not diversified and they're super concentrated,
or a lot of people let their equity positions get a little bit big in this hopes of a pro-growth,
pro-corporate type of policy from the administration, that's obviously all kind of been obliterated.
And now we're looking at a picture that's very different.
And so, you had people who are high in equities.
If you're too high in equities, take some off the table for sure.
But really,
these are the times that you need to ultimately stay the course and wait it out or you turn the paper losses into a real loss.
Conference in Vegas, nobody has conferences in like Sheboygan.
They're always in Vegas or Miami, Scottsdale.