Wealthy investors aren’t convinced that big stock market losses mean it’s a time to buy

Wealthy investors aren’t convinced that big stock market losses mean it’s a time to buy

It’s been a tough year for an investor, and the wealthy are no exception. Losses in the stock and bond markets this year have made portfolio conversations between Wall Street investment advisers and clients more difficult. The most conservative portfolios performed as badly if not worse than the riskiest portfolios, with bonds offering little protection….