MORE FOR YOUR
With retirement investing,
one thing can be steady: you
BY L YNN BRENNER
ILLUS TRA TION B Y ANDRE W BANNECKER
the Next Dip?
Stocks & Shocks
Whatever triggered that mysterious thousand-point stock
market tumble on May 6—a “flash crash” that briefly vaporized
some $1 trillion—it served one good purpose: After 13 months of
remarkably steady gains, we were all reminded that the market is
inherently volatile. Though stocks tend to beat other investments
over decades, seldom do they move smoothly upward for long. The
stock market is, by nature, a roller coaster.
And really, how could it be otherwise? The market measures our
collective greed and fear, and the persistent worry lately is that,