Next Avenue
By Juliette Fairley, Next Avenue Contributor
When the stock market sank in 2009, Sandy Chaikin of Philadelphia, lost 40% of the money she’d invested in mutual funds following her financial adviser’s recommendations. “I asked my financial adviser to sell, but he suggested I ride it out,†says Chaikin, 65.
That experience was enough for the veteran marketing executive to look for a new way to invest — mostly on her own, but with guidance from her husband, Marc, a long-time investor and CEO of Chaikin Analytics.
“It’s become very rewarding to be able to take control of my own finances and to have the confidence to say that I can do it,†she says.
The Education a Late-Bloomer Investor
After the 2009 rout, Sandy started soaking up stock information on Yahoo Finance and reading articles about specific stocks on the popular investing site, Seeking Alpha.
Her education (plus a roaring bull market) paid off.
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