That Was the Week That Was

Two points week-one obvious, the other a bit more subtle-about Mr. Toad's Wild Ride on Wall Street last week.

The fact that the Dow moved more than 350 points in four of the five trading days last week proves that market timing is a very silly idea.

But the less obvious point is this: If you want to sleep well through the market turmoil, make sure that the money you are counting on for the long-term is allocated the way you want.

No, I am not suggesting that all your retirement money be in CDs or bonds. You are going to need to have a portion-and perhaps a significant portion-of your money grow during when you are no longer working.

What I am saying is that you want to know you have enough in safe investment so that you don't have to worry no matter what the financial headlines say.