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Fear is infecting the stock market on concerns that the spread of the coronavirus will interfere with global trade. Over only six days, U.S. stocks have slid nail-bitingly close to a correction, defined as a 10% drop from the market top.It’s safe to say that only day traders like thinking about stock market corrections. But for the rest of us, trying to ignore market free falls is not a bad strategy, especially when it comes to a long-term goal like retirement.That’s because one of the best ways to make sure your retirement accounts survive economic turbulence is to fortify those accounts as well as you can and then go do something else, come what may.“Don’t get caught up in the motion of the market when investing for a long-term goal,” says Chris Remedios, a certified financial planner with Remedios Financial Planning in San Francisco. “If it makes you uncomfortable when things go down, don’t look.”Taking the steps below will help protect your 971
Former President Jimmy Carter may have spent three days in the hospital, but the 94 year-old is expected to teach Sunday school at his beloved Maranatha Baptist Church in Plains, Georgia, this weekend.Carter was released from the hospital Thursday morning, the Carter Center announced, and will continue to recuperate at home. He was admitted Monday after a fall on his way to go turkey hunting, and later underwent a successful surgery at the Phoebe Sumter Medical Center in Americus, Georgia."He will undergo physical therapy, as part of his recovery from hip replacement surgery. President Carter plans to teach Sunday school at Maranatha Baptist Church this weekend," the Carter Center said in a statement.In March, Carter became the oldest-living former president in US history. The former president fought cancer in his liver and brain, announcing his 870
Georgia authorities are searching for the mother of a newborn found wrapped in a plastic bag and abandoned in a wooded area in Cumming.Residents of a nearby home were unloading their car after a trip Thursday night when they heard a noise coming from a secluded, wooded strip of land. At first, they thought they were animal sounds.(We) grabbed our flashlights and we're driving around and we're, like, 'That doesn't sound like an animal,'" Kayla Ragatz told 471
House Speaker Nancy Pelosi on Monday said that Republican lawmakers "must join" Democrats in "condemning the President's xenophobic tweets" and urged Democrats to support a resolution put forward by House Democratic lawmakers."The House cannot allow the President's characterization of immigrants to our country to stand. Our Republican colleagues must join us in condemning the President's xenophobic tweets," Pelosi wrote in a Dear Colleague letter to House Democrats.The speaker went on to write, "Please join us in supporting a forthcoming resolution sponsored by Congressman Tom Malinowski, who was born abroad, and Congressman Jamie Raskin, along with other Democratic Members born abroad referencing President Ronald Reagan's last speech as President in which he said, 'Thanks to each wave of new arrivals to this land of opportunity, we're a nation forever young, forever bursting with energy and new ideas, and always on the cutting edge, always leading the world to the next frontier... If we ever closed the door to new Americans, our leadership in the world would soon be lost.'"It's unclear when they will vote on the resolution.The President is facing backlash from Democrats and some Republicans for his racist tweets over the weekend attacking progressive Democratic congresswomen and saying that they should "go back" to the "crime infested places from which they came."On Sunday, the President 1424
Houston police believe the remains of a child found in southwest Arkansas on Friday may belong to missing 4-year-old Maleah Davis."Do we believe that it's possibly her? Yes. But can we confirm it right now? No," Houston Police Executive Assistant Chief Troy Finner told reporters."If it's not Maleah, it's somebody's child," he said.The focus of the search moved to Arkansas after the suspect in her disappearance allegedly confessed to dumping her body there, nearly a month after Maleah was reported missing in Texas.Earlier on Friday, suspect Derion Vence told an activist who visited him in jail that he had dumped Maleah's body in Arkansas."One thing he wanted to make clear to me was (that) what happened to Maleah was an accident, he says it was an accident. And he confessed to me where he dumped the body," Houston community activist Quanell X told CNN affiliate 884