KBND Logo

 

On Air Now

Lars Larson
ON AIR NOW
Lars Larson
12:00pm - 3:00pm
Contact

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Local News


Big volatility returned to Wall Street today. The Dow Jones Industrial Average was down just over 400 points. Bend financial advisor Bill Valentine says if you are in your 30's, 40's or 50's, and have long term goals, today’s action will probably soon be a faint memory. But for retirees who are forced to take income out of their retirement accounts; short-term volatility can have a long term impact. "Truly volatility comes out in the wash if you have a long enough time horizon. If you're taking money out of your accounts, which most retirees are doing, what happens is because the amount you need doesn't change. If your assets are diminished, it can really impair your ability to come back. “ Today the market is taking a big hit because of more signs that a global recession could be just around the corner.

 

 

Share

 

Traffic & Weather

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • Construction at 27th Street and Bear Creek Road and 27th near Medical Center Drive. Single lane 6a – 10p.

 

  • Lane Closure on Riverside Blvd. >< Broadway St. and Louisiana Ave 8am – 5pm (12/5 & 6)

 

 
LinkedUpRadio Envisionwise Web Services