A Half-Century on Wall Street Yields a Simple Money Rule
Howard Silverblatt, a storied market analyst who retired after 49 years at S&P Dow Jones Indices, watched the Dow rise from the 900s to around 50,000. He stresses knowing your risk tolerance and liquidity, staying diversified, and regularly reassessing portfolios as markets reach new highs. With retirement assets increasingly tied to 401(k)s instead of pensions, individuals bear more investment responsibility. He recalls Black Monday in 1987 and the 2008 crisis, noting that today investors should focus on percent changes rather than points, remain vigilant, and be prepared for downturns while continuing to learn.
