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Personal Finance

Plan for Long Haul but Tweak Holdings

Tuesday, January 29, 2008 6:44:23 PM
By TIM PARADIS

NEW YORK (AP) - Bob Freedland tries to follow the advice of the pros and keep his money invested for the long term but Wall Street's latest jitters have left him a little worried.

Like many investors alarmed by an unyielding parade of triple-digit moves in the Dow Jones industrial average in recent weeks, Freedland, a physician in La Crosse, Wis., tries to set aside emotion but there is always that temptation to dump his holdings and exit the markets.

But while looking past day-to-day gyrations can be hard for even disciplined investors, planning for a distant future doesn't mean investing and forgetting. So Freedland has scanned his diverse portfolio to plug any holes and shifted some of his holdings.


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