As our Billionaires team acknowledges, the valuations in this estimable project are a month old or more by the time you see them, and with volatile securities and currency markets, that can make a big difference--I'd say 10% down to some recent lows.

FORBES: The Next Phase

Purely looking at the U.S. without the European drama, that is not a situation where you should have this rapid shift back to volatile, high-beta securities.

FORBES: Buy Dividend Stocks as Market 'Smells Like Speculation'

Thus it makes perfect sense that, even as the Nasdaq stockmarket was being volatile yet again, the Securities and Exchange Commission was this week focusing on the integrity of auditors.

ECONOMIST: Keeping auditors independent

Executives insist that this does not presage a new Morgan Stanley but merely a rebalancing towards less volatile, client-facing businesses, many of which, such as merger advice and securities underwriting, were the firm's bread and butter before it contracted Goldman-envy.

ECONOMIST: Morgan Stanley

Additionally, for growth-oriented investors, fixed-income securities can provide investors with downside protection and diversification within a growth portfolio especially in a highly volatile market where additional, measured, short-term flights to quality are likely.

FORBES: Why There's A Growing Attraction To Muni Bonds