My week started with the following family conversation:
Me: Hi Dad (I call my in-laws Mom and Dad out of respect), Happy Birthday!
Dad: Thanks. You know I lost $300,000 last week.
Me: Yes Dad, we talked about this last week. I know it is a lot of money, but it will be alright. Your portfolio is mostly in high quality corporate bonds; they will be fine. There is just a lot of uncertainty in the market. You don’t need to sell them...