August 2016 Volume 9, Number 8 | |||||
This Just In ... If you’re worried about how “Brexit” will affect your retirement funds, take a cue from the famous British motto: “Keep calm and carry on.” When the United Kingdom recently voted to leave the European Union (EU), concerns about an EU meltdown led to panicked selling and stock markets fell around the world, including in the United States
Estimates show that more than half of Americans are invested in the stock market and many of their retirement plans include overseas investments. Financial advisors remind investors that markets often fluctuate and to expect this downturn to last several months. Many recommend leaving current investments alone and focusing on the long term. However, if you don’t think you can handle dramatic shifts, it’s important to make sure you have a diversified portfolio. If you have the extra cash, buy additional stocks now at bargain prices. [return to top]
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Get Your Money’s Worth by Using Your Preventive Benefits Annuities Protect Retirees from Volatile Markets |
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