It was hard to have the radio on all day yesterday listening to all the dismal financial news. Thinking about our own particular situation and how easy it would be for us to lose our financial balance. Although Lakeview Joe has yet to post his thoughts on the situation, I am quite sure that his advice regarding investments would be what it generally is, "stay put".
Like many people, we live but an accident or bad fortune (such as losing a job) away from financial insolvency. Nothing to do but ride it out as best as possible. I feel blessed that we have a very strong support network. (our families) So that, if god forbid something were to happen, I know we would always have a roof over our heads.
So many other people are not so lucky.
UPDATED: Here's Joes take.