If you have held tight to your 401(k), IRA, or other investment account positions through the gut-wrenching market trauma of the past quarter – take heart. You are not alone at all, and in fact you have some VERY good company. This article from the Wall Street Journal delves into the investing habits of the likes of Jeremy Seigel, John Bogle, John Phillips, and Burton Malkiel, among others. Turns out, these folks are doing just what I’ve been telling you that you should be doing: stay the course, it will turn around.
Jim Blankenship, CFP®, EA, is an expert in personal retirement, IRAs, and tax issues, with more than 20 years of experience in the industry. . Read more from this author
And if you've come here to learn about queuing waterfowl, I apologize for the confusion. You may want to discuss your question with Lester, my loyal watchduck and self-proclaimed "advisor's advisor".
