Many clients who hire financial advisors are subjected to the same drill: Answer a questionnaire, sign an agreement and hope for the best. During this process the client may be asked inane questions like “If your account went down 10% in line with the markets, would you hold, sell or buy more?” Some folks just rely on the advisor to help them choose respon
Stock market drops are never pleasant and downright unsettling for retirees. Keeping emotions in check is almost impossible when your lifetime income is dependent on finite assets. The investing media doesn’t help with inflammatory comments - designed to incite viewers and keep them glued to the TV.
Uncertainty Is Driven by Wholesale Advice