Quote:
Originally Posted by rustyp
Do you really get paid for this advice? Keep telling your clients not to bail out. After the dust settles you will measure from the low point again. If an investor didn't get out what good is measuring from the low. I told my broker take a walk a long time ago.
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If you have a responsible planner that understands your needs and risk tolerance your portfolio should be balanced that this current situation in the stock market is tolerable and you can ride it out. Of course I am speaking for those retired or close to.
Young people should definitely ride this out cause they're in it for the long haul.