Don't Let Iraq Throw Your Investing Off Track

The market's rocketing. Bombs are dropping. And you're feeling the urge to do something to your portfolio.

But neither a rally nor a war should change the basic way you invest. How much money you should have in stocks, bonds and cash largely depends on how old you are -- not on the minute-to-minute updates coming out of Baghdad.

If you know what you own and if your allocations are in order, then you should do nothing. To borrow a quote from Warren Buffett: "Occasionally, successful investing requires inactivity." ...