WKU Prof says investors should keep long-term outlook

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.