Jack Phelps, founder of The Relaxing Retirement Coach, points out the devastating effects of panicking and overreacting to market volatility.
Wellesley, MA – December 19, 2011 – Jack Phelps, founder of The Relaxing Retirement Coach, a Retirement Coaching company, recently published a blog on his website (http://www.theretirementcoach.com) examining the causes of sub-par investment performance. The blog, titled “Panic!” notes that the mass media tends to blow current events out of proportion and urges retirees to focus on making rational, long term decisions in spite of it.
Jack Phelps writes, “When you’re in the Panic phase, there is a complete sense that there is no price at which you can intelligently sell because it will always be lower tomorrow…and then lower again the next day after that.”
The Relaxing Retirement Coach, Inc. provides their members with the ‘missing structure’ they need to make a seamless and relaxing transition to their retirement years so they can confidently do everything they want to do without worrying about money. Their Relaxing Retirement Coaching Program™ provides members with a personalized, one-on-one retirement coaching relationship with constant attention to each and every detail necessary for them to consistently enjoy a relaxing retirement experience.
The entire blog can be found at http://www.theretirementcoach.com/blog/panic-3.php
To learn more about The Relaxing Retirement Coach, Inc., please visit http://www.theretirementcoach.com
About Jack Phelps
Prior to developing The Relaxing Retirement Coaching Program™ back in 1994, Jack spent five years as a registered representative with Prudential Financial Services. In 1989, Jack graduated from Holy Cross College in Worcester, Massachusetts with a B.A. in Economics.