I know these are crazy financial times. With every 401k statement of late, the value is less than it was the month before. What's a person to do in times like these?
The best answer is stay the course and look to those who are much more successful. A great read / place to spend some time is Shareholder Letters for Berkshire Hathaway Inc. They are written by Warren Buffett. He's arguable the greatest individual investor of our time. He's #1 on Forbes list of Billionaires in 2008. (current net worth $62 billion)
Tuesday, August 19, 2008
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