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Words of wisdom

Posted by Cheryl Costa October 10, 2008 09:15 AM

OK, there's no doubt about it, this has been one heck of a week. People are worried and very nervous. In today's blog entry I am listing some articles that I have read over the past week or so that I think are particularly helpful and insightful. These are really great articles and I won't even attempt to summarize them -- you should read them in their entirety. Hopefully they will make you feel less anxious about all the recent market turmoil.

"Switching to Cash May Feel Safe but Risks Remain" by Ron Lieber of the NY Times

"The Depression of 2008? Don't Count on It" by Jason Zweig of the Wall Street Journal

"As Dire as the Times May Seem, History Isn't About to Repeat Itself" by Karen Blumenthal of the Wall Street Journal

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ABOUT MANAGING YOUR MONEY
Local finance professionals share insights and advice on issues such as budgeting, managing debt, and retirement planning.

About the contributors

Jill Boynton is co-founder of Cornerstone Financial Planning in Newington, N.H. Along with traditional financial planning services, Boynton provides analysis specifically for divorce.
Andrew Chan is the founder of Integrative Financial Advisors in Framingham. He provides comprehensive financial planning advice and investment management services. He has been an adviser for over 12 years and works with clients to integrate all aspects of their finances including investments, retirement, education funding, and tax planning.
Cheryl Costa is a managing director at AFW Wealth Advisors, which has offices in Natick and Purchase, N.Y. She advises clients on investing, education funding, and estate planning. She holds a master’s in business administration from Boston University.
Jamie Downey has been an accountant for more than 14 years. He's a partner at Downey & Co. in Braintree. Prior to joining the firm, he served as a manager in the audit department of accounting firm KPMG.

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