It is common for those planning for retirement to feel that they should make their investment portfolios more conservative once they leave the workforce. After all, they have to live off their nest eggs for the rest of their lives and can’t afford to lose money in a declining stock market. However, new studies continue to show that most retirees […]
Month: September 2007
Forget the dire predictions: Get invested for the long term
Since the subprime mortgage mess hit the markets like a bombshell earlier this year, economists and analysts have been working harder than ever to forecast its future effects. Forecasting potential outcomes is big business in the financial markets, and there is no dearth of “experts” and TV talking heads telling us what lies ahead. Their record of prediction is pretty […]