More Bad News in the Markets: Our Bumpy Ride Isn’t Over, Boomers
It’s a Friday and it’s October. And the market seems to be following historical precedent:
I just heard that foreign trading seems to be in a panic mode, and Dow Futures (pre-opening trading) on the NYSE was so low it was halted to stop the slide. It’s called “limit down.” Remember what I said about “FALL.”
We have nothing to do but hang on. I am NOT looking at our 401(k) portfolio today. No matter what. It’s only a paper loss, we don’t desperately need the money right now, so we will wait until things improve. And they always do.
If the weather is nice this weekend, get out and enjoy the fall foliage. If it’s not, find a classic book to read.