I would like to take this time to reassure you and remind you that long term strategies are your best option. The purpose of a long term strategy, keeping your individual goals in mind, is to diversify against risk and to hedge your portfolio against inflation. If you have a well balanced portfolio and rebalance periodically as needed you accomplish these goals.
If you haven't rebalanced your portfolio, now is the time to do it. The market is low and there are a lot of great deals out there. No one can time the market, but don't wait until the market has recovered to buy!
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