I just came across this site that gives some guidelines on developing worry-free investment portfolios. They make sense to me and I think I am following them with my own retirement planning.  I do like #5 – If you’re not saving 10%, you’re spending too much.

I wonder about this quote:

Albert Einstein put it very simple: “There is no greater power known to man than compounding interest.”

I checked on Snopes and it is undetermined that Einstein really said anything like that. So he probably didn’t. Even though the sentiment is right on.

I don’t worry about what my portfolio is doing these days and I keep telling Elaine not to worry. We have set up a portfolio as best we could and we will see what it looks like in a few years.

My concern about the current state of the market is for the overall state of the US and Global economy. We have to live with the macroeconomic fallout of this meltdown and I don’t see any reliable hands the helm at present. But what do I know? Maybe paying dividends to shareholders of failing financial institutions is the best way to go. Not.