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Retirement Planner: Shrugging Off The Noise Regarding Market Highs And Lows
FYI: Confusion tends to reign when markets hit record highs. Advisers and brokers trying to be helpful feel compelled to suggest "taking profits" largely to demonstrate that they (advisers and brokers) are being useful. Investors are tempted to act on the advice, remembering how sorry they have been in the past when the market tanked and they later regretted that they weren't sitting on cash to buy back in. Dream on. Regards, Ted http://www.mercurynews.com/News/ci_27246782/Retirement-Planner:-Shrugging-off-the-noise-regarding-market-highs-and-lows
