Invisible wrote:

> My pension provider just wrote to me to say that although the current 
> situation is looking pretty grim, things should turn out OK in the end. 
> The whole "these things happen from time to time, now is not the time to 
> panic, etc." I don't know whether to be reassured or dismiss it as 
> marketing hype. (Basically they don't want me to close the pension fund 
> they currently have the use of...)

IANAFA (I am not a financial advisor)

But, here's the thing: You're young and no where near retirement age. In 
short, don't panic. Selling now would be a very bad thing. Keep your 
long term investments. I have a 401(k) plan, and am quite happy picking 
up some cheap stocks through it at the moment. Because once the market 
recovers, my retirement goes up at a faster rate.

Of course, the outlook is bleak for those looking to retire in the near 
future.

-- 
~Mike

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