New York Times (February 27)
“Freaked out by the stock market? Take a deep breath.” This is not a time for drastic portfolio moves unless “there have been drastic changes in your life, like a big new job or consequential medical news.” Otherwise, remember that if you “hold on long enough to a diverse collection of stocks…the system has tended to generously repay patient people over six or seven decades of working, saving and drawing down a portfolio.”
Tags: Deep breath, Drastic, Freaked out, Market, Patient, Portfolio, Saving, Stocks, Working
The Economist (May 1, 2013)
“Youth unemployment is a big and growing problem.” With a few exceptions, such as Germany, youth unemployment has been grown worse since the 2008 financial crisis. “Globally nearly 290 million young people are neither working nor studying calculates the Economist, almost a quarter of the planet’s youth.”
Tags: Financial Crisis, Germany, Studying, Unemployment, Working, Youth
