New York Times Quotes John Apruzzese on 2016 Investment Outlook
Evercore Wealth Management Chief Investment Officer John Apruzzese was quoted in the New York Times on his 2016 outlook.
The article, titled New Year, Old-Fashioned Investment Strategy, focused on what the reporter described as “sensible suggestions, regardless of the investing environment.”
Constructing a portfolio strategically is the key to staying on track if markets get scary this year, Apruzzese said. “Over a longer period stocks represent the highest return on investments, so it’s a time horizon issue.”
“That gets back to portfolio construction,” he added. “You don’t want to have such a high proportion of stocks that they panic and sell out at the bottom.”