Reprint from Rick Segal – Retail Marketing Guru
I, like many people, lost money on paper with the fall of Wall Street over the last two weeks. My broker and my son, who is a well respected trader who works for Fidelity Investments, have assured me that I must stick to the plan of dollar cost averaging that was established during a less volatile time period.
That all sounds good, but when you are seeing years of savings drift away day after day, it does take its toll. So what do I do? I do the thing any strong American Man would do. I decided to whine. Not just whine, I complained, I cried, I blamed the Republicans, then the Democrats, then the government, then the thieves on Wall Street. I became a whining complaining fool that no one wanted to be around. Read the rest of this entry »
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