Over 16 days, i lost $78,000 in my 401(k). but i didn’t lose any sleep. – the washington post gaz 67b for sale

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Here’s what the investment company managing my retirement account says when I look at the graph of my returns: “Short-term gains or losses are common and can be influenced by many factors. Resist the temptation to alter your investment mix in response to short-term changes in the financial markets. If you’re properly diversified and focused electricity facts history on the long term — often the best action is no action.”

If you live in the District, Maryland or Virginia, the Financial Planning Association of the National Capital Area is hosting a Metro Washington Financial Planning Day. There will be free one-on-one sessions with certified financial planner professionals and debt counselors. The event also includes free workshops on budgeting, investing, retirement and taxes. By the way, planners are prohibited from passing out their business cards or soliciting any business from attendees.

In the past, financial grade 9 electricity unit test planning days were held in cities throughout the United States with hundreds of certified financial planners offering free financial advice to area residents. The events were jointly sponsored by the m gastrocnemius medialis Certified Financial Planner Board of Standards, Financial Planning Association, the Foundation for Financial Planning and the U.S. Conference of Mayors.

This year, the events are organized by local chapters of the Financial Planning Association. Check your local papers for information about events in your area. Or contact a local FPA chapter to find certified financial planners who volunteer to provide free one-on-one counseling and classroom-style presentations. Here’s the link to find a FPA chapter near you.

Jerry Jaiven of Holland, Mich., wrote, “I will be 67 in December (wife is 68), and I retired two months ago. Home is paid for. Working with a financial adviser, I have slowly shifted my portfolio into lower risk and indexed (for 2020 retirement grade 6 electricity unit test) funds. Before the recent Dow drop I arranged an appointment with my adviser to look at secure options to move more of my holdings into money market funds or equivalent to preserve capital. I am comfortable with a lower return (say 1.5 percent instead of projected 4 percent to 5 percent) if I can avoid the risk of a 30 percent to 40 percent drop in value. I believe the sugar high of the tax cuts will wear out, the stock buybacks will end, manufacturing will not expand as expected and the tariffs will electricity in india travel have an negative impact. I don’t expect a recession but I do expect a further correction.”

Kenneth M. Washer, a certified planner and professor of finance at Creighton University in Omaha, wrote, “I sold stocks way too soon, but in my mind that is better than too late. In my mind this administration is terribly unprepared to run the Federal government. They don’t seem to be focused gas bubble retinal detachment on the long-term. Michael Lewis’s new book shows this. I hope the economy does well and stocks reflect that. However, I’m not willing to take the risk that it doesn’t right now. On top of this, stocks seem to be pretty expensive in terms of valuation measures. Good time to be invested in short-term debt and prepared to reinvest at some point in the future.

Thomas J. Druitt of Paducah, Ky., wrote, “You ask if I am worried about the stock market sell-off, my answer gas under 2 dollars is ‘Not yet.’ I don’t believe any long-term investor should be at this current very early stage of price decline. Even if longer-term investors come to a conclusion that the bull market in place since March 2009 has exhausted itself, the time to sell will be at or near to the top of the next recovery rally.”

Please note it is my personal policy to identify readers who respond to questions I ask in my newsletters. I find it encourages thoughtful and civil conversation gas in oil tank. I want my newsletters to be a safe place to express your opinion. On sensitive matters or upon request, I’m happy to include just your first name and/or last initial. But I prefer not to post anonymous comments. (I do make exceptions when I’m asking questions that might reveal sensitive information or cause conflict.)

Have a question about your finances? Michelle Singletary has a weekly live electricity basics chat every Thursday at noon where she discusses financial dilemmas with readers. You can also write to Michelle directly by sending an email to michelle.singletary@washpost.com. Personal responses may not be possible, and comments or questions may be used in a future column, with the writer’s name, unless otherwise requested.