Was yesterday's little blip all you've got? That's the best you can do? Margaret Matteson laughs in your face.
Margaret Matteson of Folsom, Pa., said she heard about the market sell-off on NPR as she was driving to work. She said she would only become worried if there were broader economic implications — she lost her last job in 2009 during the recession. The latest bout of volatility didn’t make her nervous, but she said she was a bit puzzled about what was behind it. Ms. Matteson, 33, who manages a software database for an art museum, says she only cares if it affects her job. “I don’t care what it does to my portfolio,” she said. “It is going to sit there for 20 or 30 years. I like it when it goes down. I chip in and play my little game and put in $25.”
Advisers Work to Calm Fearful Investors [Dealbook]