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Recent headlines underscore the fragility of the stock market and, along with it, the ability for many investors to make reasonable decisions about their retirement readiness. Many who recall the violent reaction their portfolios had in the Dot Com Bubble and the Financial Crisis would prefer to avoid the next downturn.
It’s worth noting that crystal balls are in short supply, and we cannot predict the immediate future. What we do have in our arsenal is the ability to review our game plan to avoid making short-term decisions that impact our long-term outcomes.
Source cnbc.com