TITLE

Preparing for the Next 9/11

AUTHOR(S)
Walker, Lewis J.
PUB. DATE
September 2007
SOURCE
Journal of Financial Planning;Sep2007, Vol. 20 Issue 9, p34
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article discusses how to prepare the U.S. economy for the 6th anniversary of the terrorist attacks on September 11, 2007. Sequence risk is the erosion of long-term rates of return when securities are liquidated in down markets. Strategies are created to help clients emotionally and financially handle the inevitable dips in the U.S. and global financial markets that are caused by lightening events. On September 11, 2001, stocks fell, but most have recovered. After that day, the resilience of the U.S. economy was demonstrated by the new highs of the stock market.
ACCESSION #
26475367

 

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