Think back to last year, did yesterday’s headlines sound familiar? Don’t cave in to doom and gloom media. Timing the market is a fool’s game.

Astute investors realized that yesterday’s headlines were incredibly similar to those during last year’s September-December correction. Daunting headlines and investor Alzheimer’s make for a poor combination that can cause some people to panic out of the market which will typically result in a huge setback in your retirement. Daily headlines really don’t matter in the long run, what does matter is having a strategy that you stick to because you can not time the market! Other topics include:

• What happens if I miss just a few of the best trading days?
• Morninstar’s market downturn tool kit
• Are annuities worth it? –The best interest rule
• Key things you need to have a plan for in retirement

 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.