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Why is Dow 11,000 so important to your financial well being? Simple, potentially thousands if not millions of retirees are watching and hoping each day that the Dow gets back up to 11,000 or their mutual funds or stocks get back up to even or up to some high point from the past. What might happen when the Dow hits this level again? There might be a substantial sell-off as investors scramble to take money out of the market. No one knows for sure what might happen. The point is you need a well thought out plan for whatever event happens. You can't live your life each day with the "get back to even" mentality that is clouding so many investors judgement and decision making process today. A well thought out plan determines if you are holding the right types of assets to meet your objectives regardless of where the market is day to day. Your plan needs to take into account your personal goals, liquidity needs, health condition and especially the new tax law changes for 2003. Waiting until you do your taxes next year may be too late. Take advantage of tax laws today when they may be most beneficial for you. And, waiting until next year may see the Dow re-visit 7500 or below before it thinks about 11,000 again. Do you have a plan in place for this contingency? Call 800-618-1825 today for a simple, no obligation review and see how a plan can bring you peace of mind instead of only "get back to even". P.S. Didn't we teach our kids that "getting even" was not the best plan? |
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© 2000 - 2010 The Senior Financial Center, Inc.® | All Rights Reserved | 1-800-618-1825 | info@seniorfinancialcenter.com | Design & Hosting by 8thPlanet.com. | |
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