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Monday, December 1, 2008 12:00 AM

I bought stocks; my husband bought CDs. Now I can't bear to look

I can't get up the nerve to tell my husband just how much money we've lost.

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  • Monday, December 1, 2008 12:19 PM

    CD's? your husband is the foolish one

    Putting your money in CDs with 25 years to retirement is very foolish. Your stocks will come back in a few years and then keep on growing. Those CDs are guaranteed to not do much of anything ever. Do the calculations - money put in CDs will not grow sufficiently to provide a comfortable retirement. Your money in the stock marker will, assuming that you are doing things well. This stock market drop is actually a good thing on your timeline - it will give you a chance to buy low.

    Stay the course. Keep plowing money in. You are doing the right thing. Your husband is not. Really.

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