Monday, October 13, 2008

What to do in this stock market crash

In another smart move, the Orlando Sentinel paraded around with another stock market news story that gives it some reality. Today, the Sentinel exchanged confusing numbers and philanthropic discussion for a general discussion on what stockholders should do in the wakes of the fall.


When the newspaper gives any form of advice it risks making the story editorial. But this article did a wonderful dance around that subject by relying on credible sources with varying opinions.


Greg McBride, a senior financial analyst for BankRate.com recalled the Dot.com crisis eight years ago. He suggested investors keep their stocks in the market and brace themselves because the rebound would pay off. Financial Planner Charlie Fitzgerald, though, opted to pull some of his clients out of the market when stock market symptoms suggested something ill; he, too based his decision on the internet-related crash of 2000.


The article utilizes eight sources, some of which are financial planners, company owners, clients, etc. Every angle was covered without injecting the writer's opinion. And it was in English, not that Wall Street jargon.

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