Here's another "the market is falling and I'm in a panic" reminder for today:
"As trite and boring as it may sound, the best advice is to just stick with a prudent long-term plan and ignore the short-term noise," said Rande Spiegelman of Charles Schwab.
"This is not the time to sell investments in the stock market. It may be the time to learn from your emotional experiences," she said. "Perhaps this is more of a roller-coaster ride than you had bargained for. If so, once the market is back on its feet again you may wish to reallocate somewhat more to bonds and bond funds and somewhat less to stocks and stock funds."
Again: if you have a long-term investment horizon (10 years or more), the current happenings in the market shouldn't bother you one bit.
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