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WKU Prof says investors should keep long-term outlook

By Dan Modlin

http://stream.publicbroadcasting.net/production/mp3/wkyu/local-wkyu-822386.mp3

Bowling Green, Ky – Americans are seeing their retirement savings dwindle as the stock market continues to decline. However, now is the time when investors need to keep a long-term perspective. That's the opinion of Ed Wolfe, Professor of Finance at Western Kentucky University. Dr. Wolfe spoke with Dan Modlin about the need to keep some exposure to stocks--even after an investor retires--and what we can learn from previous bear markets.