August 2014

By Elizabeth MacBride You’d expect Tim McCarthy, the former president of Charles Schwab and the author of “The Safe Investor,” to have the perfect retirement portfolio. You’d be wrong. After writing a piece about retirement plans, McCarthy decided to check on his own. “Sure enough, I didn’t have nearly enough equities in …

The fear of market crashes often causes far more harm to portfolios than the actual magnitude of the crashes. Keeping a perspective on how crashes work and how you mitigate the damage is key to keeping control and managing your own fears. Here are some key steps that help you …