If past performance is no guarantee of future results, what is?

admin2017-07-25T16:16:01+00:00August 25th, 2012|

In the August/September 2012 issue of Worth Magazine^®, we discuss the legal disclaimer, “Past performance is no guarantee of future results.” This phrase, which accompanies every document, advertisement and quarterly report on financial market performance, has never been truer.

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These comments are provided as a general market overview and should not be relied upon as a forecast, research or investment advice, and is not a recommendation, offer, or solicitation to buy or sell any securities or to adopt any investment strategy. Opinions expressed are as of the date noted and may change at any time. The information and opinions are derived from proprietary and non-proprietary sources deemed by Haverford to be reliable, but are not necessarily all-inclusive and are not guaranteed as to accuracy. Index returns are presented for informational purposes only. Indices are unmanaged, do not incur fees or expenses, and cannot be invested in directly.
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If past performance is no guarantee of future results, what is?

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