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M*: When Market Volatility Meets Your Retirement Portfolio

FYI: Was the market's wild downward swing on Monday a brief unpleasant episode or a harbinger of something really painful and long-lasting?

For the moment, it appears to be the former; on Tuesday, stocks shook off their woes and regained a portion of the ground they'd lost the day before. Wednesday was another up day.

But more than 10 years into a bull market, it's only reasonable to start preparing, both mentally and financially, for a market that goes down and stays down. And goes down some more.
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