Planners Back Increase in Fixed-Income Instruments After Crash

While officials sort out whether the crash of American Airlines Flight 587 outside New York's John F. Kennedy airport was an accident or yet another terrorist attack, investors have been calling their financial advisers today, asking whether they should reallocate the assets in their portfolios.

Financial planners are advising clients to keep their investments in both equity and fixed-income markets. However, they are suggesting a heavier weighting in bonds, real estate investment trusts (REITs) and a wide variety of stocks, to achieve a well-diversified portfolio.

But for the most part, financial planners say, investors aren't that rattled by this morning's plane crash. Indeed, they seem to be growing accustomed to the current turbulent times. ...