The zigs and zags that are rocking financial markets have left investors wondering how to safeguard their money. Between Europe’s debt crisis and the related global economic slump, there is one thing they can count on: It will be a long time before things return to “normal.”
That can be a harsh realization. While markets were turbulent in 2010, it appeared that the worst had passed. Many people were eager to latch on to that optimism and brush off the damage that the prior two years had inflicted on their portfolios.