Last week's stock market declines (discussed here) were a prelude to yesterday's steep drop. Amidst tumultuous headlines and charts with big red arrows pointing down, we want to help our clients keep the right mindset. Below, we embedded last quarter's newsletter. In it, we warn investors not to have a false sense of security after years of steady gains. Declines are a feature of investing. Don't let short-term losses overshadow awareness of longer-term gains.