Last week, the Dow Jones Industrial Average dropped 800 points as investors saw signs of a possible recession.
How an investor reacts to the market swings depends on his or her age and stomach for risk.
Young adults just starting to save and invest have one road. Retirees or those who are near retirement face another path.
Today on All Sides: what the stock market tells us about to manage our personal finances.
Guests:
- Neil Irwin, senior economics correspondent, New York Times
- Sherman D. Hanna, Professor ProgramChair, Consumer Sciences Human Sciences Department, Ohio State University
- Bob Keidan, Certified Financial Planner and Investment Advisor Representative, owner, Keidan Financial Consultants