The sky is falling...

It looks like the sky is falling in the financial world with the news on Bear Stearns we have all been reading the last couple of days. The Fed is trying to ride their horse to the rescue. Who knows how that story will end. Now is the time when your financial adviser should be earning his money. His job is to keep you from doing something stupid. Bailing now is probably the absolute worst thing one could do if their portfolio is properly diversified. Now is the time when most folks who are going it alone get scared and start selling. Your adviser should be holding your hand and helping you stay the course. It is counter intuitive for most of us to feel like there is a huge sale going on. If you are adding to you portfolio routinely, you are getting a lot more for your money in this faltering market. Stick to your plan. This too shall pass!

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