Don’t Panic, Hang in There, Advisers Tell Investors
For many investors watching their retirement accounts, it’s nerve-wracking. Many are bailing out of stocks and into bonds. Some are grasping for gold as a tangible nugget of safety. Others are wondering if they’re better off in CDs and money-market funds. Regardless, the advice from most investment advisers is consistently the same: Don’t panic. Hang in there. Brad Barber is cited in this article discussing why the long-term view is most important when it comes to investment planning.