Quarterly Thoughts – Q1 2008

The credit/liquidity crunch and housing market decline continues… daily volatility is higher than average. The Reality of Red Numbers is a helpful reminder of how negative markets are more common and frequent than many people tend or like to remember. During uncertain times like these, it is more important than ever to stick with your long term investment strategy rather than react emotionally to the day-to-day market fluctuations. Resorting to emotional investing can be a dangerous recipe for locking in losses and missing the market recovery once it happens.