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Two Rules | Rule #1 Do Not Lose Your Principal | Rule #2 See Rule #1

Stocks have been roiled in recent weeks, with markets around the world seeing an extended sell-off to start the year. In the U.S., major indexes have already given up all fourth-quarter gains in the first trading days of the year. Because of the increased volatility, portfolio manager Chad Morganlander said his firm, Washington Crossing Advisors of Stifel Nicolaus, has been increasing cash exposure over the last three months.

Source: It’s time to stash cash: Portfolio manager