I'm in my 50s and am in this business so have to deal with nervous clients. Unlike Slava, my clients aren't all in cash.
I don't really understand some of you guys. If I was at least eight to 10 years from needing my money and worked in some other field where people weren't calling me to ask about the markets, I'd be loving this market SALE. You guys should be totally ignoring your statements and piling as much money as you can into your investments. If a company or a mutual fund has done very well and is well managed and has good fundamentals but has sucked lately, buy all you can.
No sh1t, guys, buy. The missus and I scraped together $10k a week ago and invested it. Would have been better today, but hey no ones know these things. Years down the road you'll be looking back and kicking yourself if you don't do this.
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