6. Don’t Buy Into Market Mayhem
By market, we are not referring to the store where you go to buy household items. A market in this context refers to the stock market. As an intending retiree you may decide to watch how the market process is carried out. Monitor the bull and bear speculations. Do not be caught in this mayhem as it may lead to regret later in life.
In 2008, we witnessed lots of investor who saw their business going down the drain because of bad market. Unfortunately, many investors out of fear pulled out their stock, this sudden reaction make things bad for them. Because the S&P 500 Index backfire in 2009 and returned over 26 percent!