I spent the day writing a Q&A on that very topic. In a nutshell, of course it matters, but there’s not much to do.

Here’s the link to my story. In the meantime, what questions do you have about what’s going on on Wall Street?

And what do you do to avoid abandoning ship? It’s hard to watch the stock market gyrate and do nothing.

My portfolio is now down roughly 15 percent (that was as of Friday so it’s down even more after today’s more than 500 point drop thanks to my heavy international exposure (it would be worse if I didn’t own small-caps and global bonds).

This entry was posted on Monday, September 15th, 2008 at 4:43 pm and is filed under investing, stock market. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.