Financial advisor: Maintain investments

As residents of southwestern Connecticut closely follow Tuesday?s financial bailout hearing and the impact of the current financial crisis on their own lives, Edward Jones

NEW CANAAN - As residents of southwestern Connecticut closely follow Tuesday?s financial bailout hearing and the impact of the current financial crisis on their own lives, Edward Jones financial advisor Jim Kreitler urges those residents to continue investing in their futures.

"You should stick to the plan that you initiated however long ago and that is to continue to invest for your retirement, to continue to invest for your children's education,? Kreitler says. ?It's imperative right now that people do not abandon things they've been doing to save for the future."

As News 12 Connecticut reported earlier Tuesday, Kreitler warns against making money decisions based on the day to day events of the markets. He also recommends diversifying assets and investments and being aware of the long term perspective while investing.

Kreitler was unable to speculate about when the collapse will subside, though he did acknowledge that it is important for residents to know that it will be resolved.

Dodd presides over congressional hearing on bailout

advertisement | advertise on News 12

Trending Video

This week's Real Possibilities report looks at a 1 Real Possibilities: Memory impairment
Maureen Ferrer is the lead ambassador for the 2 Hometown Hero: Maureen Ferrer
Meteorologist Steve Teeling spoke with sixth-graders at Fairfield 3 Weather Kids: Fairfield Woods Middle School
VIDEO: Greenwich Fire 4 VIDEO: Fire on Glenville Road in Greenwich
5 Connecticut Sportscast, March 22

advertisement | advertise on News 12

Features

Focus on Connecticut Focus on Connecticut

Features local, state and federal officials discussing the issues around southwestern Connecticut.

Celebrates African-American culture in southwestern Connecticut. Our Lives

Celebrates African-American culture in southwestern Connecticut.

Each week News 12 Connecticut introduces you to Hometown Hero

News 12 highlights people who give to the community.

We spotlight a local team each week. Connecticut Team of the Week

Each week News 12 Connecticut highlights a team from a local school.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE