Evaluate the Investment Rules You Followed

When you look back at the performance of your investments, ask yourself what rules you followed and how well they worked. Did you have the right rules? Were you following the rules that were appropriate for someone in your financial situation and at your stage of life? Did your situation change, and did that require revision to the rules?

This is how Rebecca describes her experience.

Rebecca: My husband and I were on a wonderful trip, hiking in Switzerland, when he suddenly had a heart attack and instantly died. I can’t even describe the shock and pain of this; I was numb for weeks. When I got home, among all my new obligations I had the responsibility of all our investments, and I had never done any ...

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