The world of investment and savings has changed. During the 1980s and 1990s, the conventional wisdom was to invest for the long term. Always buy and hold, and you’ll be fine. During the biggest bull market of our times, that strategy worked, and it worked quite well. But since 2000, we have had to live with a volatile bear market, an environment in which “buy and hold” just doesn’t work anymore. We have learned that “buy and hold” served the mutual fund industry and large wire houses – but not the most important party, you, the investor.
Since 2003, we have avidly and successfully touted active portfolio management, as an alternative to the “buy and hold” method of investment. At Callaway, we believe there is a time and place for every strategy, and for every type of investor. We’re confident we can put the right strategy in place for you.