The Financial market is in shabbles after todays news regarding Lehmans! I have already lost a fortune and the market volatility is really testing my patience.

I have sustained huge losses and am wondering whether or not to cut my losses at this point.

Any suggestion or help would certainly be most helpful. Thanks

The only suggestion I have is that you should not panic and sell off any of your core investments in this particularly negative environment.

Always invest for the long term and have a sufficiently diversified portfolio, and do not engage in excessive speculation, option trading or buy shares on margin. This is a certain recipe for financial disaster.

__________________
Ask TaxGuru
Please refer to the legal disclaimer.