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More good-info in Long Term
:
Take the long view for a secure retirement.
We thought you might
be interested in this letter we received from Charles
Schwab.
"The recent ups and downs of the stock market may have you
wondering about your investments. Having been an independent
investor myself for over 40 years now, I thought I would share
some of my thoughts on the market and how to handle times
like these.
The market activity we have been experiencing is a great
reminder of why the key to sound investing is to focus on the
long-term by diversifying your assets (this is
what we're talking about when we say 
RetireMite™
optimizes your portfolio) and to be wary of jumping
on any one investment bandwagon."
"While no one can predict future results, I encourage you to be informed not only of day-to-day movements, but also to look at the big picture. In the past ten years, the Dow Jones Industrial Average has risen almost four-fold; in the past five years, the Nasdaq Composite Index has increased more than five times over.
Although volatility is in the spotlight, long-term investors
know investing requires patience and discipline. A long term
plan not only can make it easier for you to ride out the ups
and downs of the market, it also allows you to consider the
basic investment strategies that have proven successful over
the years (that's what we mean when we refer to
annual tune-ups - the editor)...
Sincerely,
Charles Schwab,
Chairman and Co-CEO"
Not another word is required.
RetireMite