Stocks Rise: 3 Things to Do Now!

Last Updated Nov 9, 2010 8:40 AM EST

A funny thing happened while you were distracted by the 2010 mid-term elections: stocks, along with a bunch of other asset classes, have been rising. That means no more moaning and groaning about your lousy 401 (k) (or "201 (k)") -- it's time to take action.

Spend a couple of minutes watching this segment with WCBS-TV and you'll find the dirty, little secret that is widely known among professional investors: there's no wizard behind the curtain who has the magic solution. Just follow these three steps and you'll be on your way.

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    Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.