The first two weeks of 2016 have been horrible for the stock market. The Dow Jones Industrial Average lost 8.25% from 1/1 through 1/15. That is a bad year and it only took 2 weeks! Continue reading “Worried About the Stock Market Decline?”
Have you looked at your 401k statement lately? If so, you might have been tempted to sell out of any stock funds you have. Don’t. You’ll likely be turning a temporary loss into a permanent one. Continue reading “What To Do (And Not Do) During This Market Downturn”
With panic sweeping the stock market, it’s time to check your risk tolerance score. (You did take a risk tolerance quiz like this before investing your money, right?) The whole purpose of determining your risk tolerance is to use it as a guideline to create a mix of investments that you can “tolerate”…in other words, that you won’t bail out of during times like these. After all, if you do bail out and fail to get back in the market in time (and if you figure out a way to time the bottom, please let me know), you’ll miss the eventual recovery and turn a temporary loss into a permanent one. Continue reading “What’s Your Real Risk Tolerance?”
