Is this what your investment advisor is telling you? “We’re beating expectations”, or even better, “We’re beating the benchmark”?

If so, maybe you need to look for another advisor. In this market, the first order of action is to not lose money. The next is to get ready to smartly and actively allocate your assets to sectors that will most probably benefit from the crisis, while shorting or selling asset classes and securities that will be hurt. It’s that simple…and yet so difficult to do right.