An acclaimed Morgan Stanley wealth adviser who helps manage $1.2 billion for the rich explains his approach to the market, and why he's telling clients to 'take the win'
"Yes, the market may go higher, but risk-return, is it worth it?" he said. "I'm a big believer in patience when things seem maybe a little overpriced."
"I get to share with them the great news that their accounts have made more this year in terms of total dollars than perhaps ever before," he said. "Clients are having some of the best years they've ever had."
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
17 of the Greatest, Most Over-the-Top Celebrity Summer RomancesCelebrities have been known to engage in a summer fling or two—and subsequently overshare it with the rest of us. Here's a look at 11 of the greatest over-the-top celebrity summer romances.
Read more »
Abu Dhabi crown prince, top Saudi defense official discuss military, defense mattersThe de facto ruler of the United Arab Emirates held talks with Saudi Arabia&039...
Read more »
A new smaller, cheaper iPhone could boost sales in early 2020, top Apple analyst Kuo predictsKuo's estimates suggest that Apple is selling a higher proportion of low-cost iPhones than last year.
Read more »
20 Core Exercises Top Trainers Swear ByThe moves fitness pros use to strengthen and stabilize.
Read more »