Sit tight

Feb 13, 2008

Gyrations on the sharemarket can spook even steely investors but the turbulence is particularly unsettling for those nearing retirement.

For them, paper losses can easily transform into real losses.

When asked how new retirees should respond to the fluctuations that have characterised the markets so far this year, experts are unanimous: don't make knee-jerk changes to your portfolio.

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Author: SMH

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