{"id":15606,"date":"2016-06-30T00:34:27","date_gmt":"2016-06-30T00:34:27","guid":{"rendered":"https:\/\/highplainsblogger.com\/?p=15606"},"modified":"2016-06-30T00:34:27","modified_gmt":"2016-06-30T00:34:27","slug":"brexit-vote-might-not-vaporize-our-money-after-all","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=15606","title":{"rendered":"‘Brexit’ vote might not vaporize our money after all"},"content":{"rendered":"\n
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\"Brexit\"<\/a><\/p>\n

I might have been a bit too quick to push the panic button in the wake of the British vote to leave the European Union.<\/p>\n

My fear — which wasn’t exactly what I predicted<\/em> would happen — was that my retirement account was going to fly out the window as investors bailed on stocks.<\/p>\n

The Brits’ vote to leave the EU did cause some momentary panic. It seems to have lasted a couple of days. The Dow Jones Industrial Average dropped about 800 points in those two days.<\/p>\n

Then came a significant rally over the past two days. The Dow gained back nearly 600 of those points.<\/p>\n

I had sent my financial adviser an e-mail message and implored her to “please tell me my retirement account is not going to vaporize.”<\/p>\n

She called me right away. Her words were encouraging. Don’t worry, she told me. Your funds aren’t tied to the British markets. “You’re going to be fine,” she said.<\/p>\n

It turns out — at least in the immediate term — that she is right.<\/p>\n

As for the other pledge I made publicly — about not wanting to look at my retirement account for the next good while — I’m going to stay the course.<\/p>\n

I might not look at it for the rest of the year. Then again, will I be able to resist opening the quarterly statements the investment firm sends us — the next one of which will arrive in the mail probably one day next week?<\/p>\n

Oh, what a test of my internal fortitude.<\/p>\n

I keep thinking of what the actor Danny Glover kept saying during those “Lethal Weapon” films … about being “too old for this s***.”<\/p>\n\n

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I might have been a bit too quick to push the panic button in the wake of the British vote to leave the European Union. My fear — which wasn’t exactly what I predicted would happen — was that my retirement account was going to fly out the window as investors bailed on stocks. The … Continue reading ‘Brexit’ vote might not vaporize our money after all<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5,13],"tags":[6353,6379,5153],"class_list":["post-15606","post","type-post","status-publish","format-standard","hentry","category-business-news","category-international-news","category-national-news","tag-brexit","tag-dow-jones","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/15606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15606"}],"version-history":[{"count":2,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/15606\/revisions"}],"predecessor-version":[{"id":15608,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/15606\/revisions\/15608"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}