SAN ANTONIO BUSINESS JOURNAL – “At Monticello, we don’t do knee-jerk-reaction decisions based on the market going up or down,” Todd Brockwell said. “These are long-term strategies. We haven’t changed our colors.”
He said Monticello has told its client base of long-term investors to not panic and stay in the market, as equity markets have always recovered. Brockwell said this could be a unique buying opportunity for some clients, and that those with 401K plans should keep contributing. He said for those looking to buy into a retirement plan, now may be the right time.