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Showing posts from August, 2011

500 point drop in the Dow plus the S&P downgrade ...

After the Dow dropped 500 points and Standard & Poor's decided to downgrade America's credit rating, I think it's going to be an interesting, if not nerve racking week for investors. As an investor, I know that now is not the time to panic. Saving for retirement is a marathon and not a sprint; the long run is where our focus should be. Still, this video sums up how I feel sometimes.