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Think about reallocating your 401k/IRA to larger yielding investments. I understand that this can be counterintuitive to what you’re feeling given the latest market slide however maybe it’s best to make investments more aggressively. Over time, stocks have historically outpaced bonds and inflation. In case you have 10 years or more until your retirement date, you might be rewarded for taking this extra threat. Certainly, previous performance isn’t any guarantee of future results and I’m not saying it is best to get more aggressive; however it is best to take a few minutes and evaluate your asset allocation.
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