Are Market Declines Bothering You More Than They Should?
Everyone has felt the sting of the faltering stock market. The decline in retirement account values causes people to react differently: some sell their stocks and move to cash, some hang on for dear life, and others haven’t had a good night’s rest for 17 months. The question I would briefly like to address is, “how concerned should I be about my nest egg?” Simply, the answer to this question depends on when you are going to need the money in your savings.
We all know the equities market has lost approximately 50 percent since its high in October of …
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