The New Retirement – Distracted Investing

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Too many people invest and forget. They are distracted from the performance of their investments by the daily tugs and pulls of everyday life. Past wisdom said to buy and hold for the long term and you needn’t worry about your money. However, if you consider the last twelve years as some sense of the long term, then you haven’t made any money in the stock market. If you have a forty year working career to save, then one quarter has just past with out any real earnings. The loss to the compounding of your wealth is large. Kimberly Foss, CFP explains the importance of monitoring your progress and making sensible changes to your investments as major changes in your life occur. Marv Doniger author of several investment savvy books shares his insights on the impact of current events on your investment strategy. In these turbulent times, don’t be distracted, pay attention.