Is there anything I can do to improve my financial situation?
If you want to feel like you are doing something, re-examine your goals and make sure you maintain an appropriate asset allocation. This year's turbulence probably means, for example, that your bond holdings may now represent a larger portion of your portfolio than your original goal. Consider rebalancing your portfolio at least annually to maintain the appropriate exposure to equities and fixed-income investments for your financial goals. In the end, sticking with your long-term investing strategy may well be your safest move: "Losses are temporary and gains are permanent," says Michaels. "Over the history of the market, that has always held true."- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,275.69 | 1,097.40 | 2,170.44 | 34.74 |
Oil *
76.74
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DOWN
15.57
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DOWN
1.11
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UP
3.54
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UP
0.00
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10 Yr
3.47%
SPDR Gold
109.25
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-0.15%
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-0.10%
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+0.16%
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+0.00%
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