Based on client calls and emails, last week’s stock market declines pushed even the most even-keeled investor into capitulation. “I just can’t take it,” one otherwise savvy woman executive told me. “I’ve always saved as much as I could in the 401k. With these losses, I might as well have enjoyed the cash!” Of course, the last two days have bounced the market back, but the thought remains: Why am I bothering to save?! Do I dare invest in stocks? What else is there?
• How are you facing up to this crisis?
• What are you doing to stay financially secure? Mentally and emotionally balanced?
• What scares you most about this crisis?
And I’ll share with you some ideas for emerging from this crisis stronger than you’ve ever been. This market is the opportunity of a lifetime to get your financial life on track.
By Mary Claire Allvine
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