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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.

 

 

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  • North 3rd St >< Division and O.B. Riley Rd, single lane N-Bound (6/15-8/30)
  • South 3rd St >< Wilson and Reed Ln, single lane closures South Bound 5a-2p (8/30)
  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.
  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)
  • Butler Market East-bound lane closed E of 4th St. for sewer construction. (12/17)