“Moreover, remember the long-term performance of most bonds. You will be hard-pressed to find an analyst or strategist who advises you to dump your stocks in favor of bonds. The recommended portfolio has a mix of stocks and bonds. ‘Bonds will normally not give you a big amount of growth over time,” said Bill Walsh, president of Hennion & Walsh, a Parsippany, N.J., securities firm specializing in municipal bonds. “I know the last few weeks have scared
people and made them nervous [about stocks], but over time, history has proven the equities market will give you growth.'”

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