2022 was a troublesome year for investors. Of the major market sectors in the S&P 500, only Energy performed positively. Bonds, international securities, and currencies separate from the U.S. Dollar all declined. Investment portfolios across the globe took major hits. If you had your investments with a passive portfolio manager, chances are you missed crucial windows to exit certain declining markets and enter others.
Among investor portfolios, two styles dominate: passive portfolio management…
