December 21, 2012
Wall Street Journal - To Handle Hard Times, Plan for the Long Term
Want to be more prepared next time there is market turmoil and general panic sets in among investors? Try writing a financial plan.
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Research published by Advisor Impact Inc. shows people who write a plan of how they will react when the going gets tough are likely to deal better with market upheaval, says Michael Finke, professor of personal financial planning at Texas Tech.
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