Impact 2012
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Fine-Tune Your Global Economy Portfolio for 2013

Sure, being global can mean greater uncertainty and volatility, as well as more risk.

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Rock Steady, Keep Your Balance

Sure, being global has its risks and surprises.

And, yes, the EU crisis has had its ups and downs, marked by much-awaited statements and actions from German leader Angela Merkel, Greek Prime Minister Antonis Samara (both pictured here) and other European leaders.

The market impact? A series of trenches and hills for the world markets.

"Dollar-cost average," advises T. Dale, chief investment officer of Security Ballew, referring to the idea of keeping your purchases steady during both good and bad times, thus averaging out your cost.

"Don't pull back," he says. "My job is to bring a level of sanity at times of extremes."

In other words, if an investment was worth it at one price, it is usually worth it another, lower price.

Dale, whose Jackson, Mississippi based firm manages defined contribution plans for small companies and their employees, says dollar-cost averaging is particularly valuable for investors with "a 20-year-plus horizon."

Along the same lines, rebalance your portfolio, so your allocations remain near your target levels.

From Europe to the U.S., the financial crisis has been very good to fixed income instruments, and smart investors have intermittently redistributed some of those gains.

Photo: Getty Images