The carnage of the past two years in the stock market is giving investors a clear warning; learn a new way of doing things or get ready for more of the same. The money clock never stops ticking and the longer you wait to make the necessary changes to stop the bleeding in your accounts the less you’ll have when you retire. Every day you put this off increases the chance of being broke in retirement.

America’s finest quality is that it has no memory! Three months ago, the topic of the day was which window to jump from; today all I hear is how hot the market is. This morning’s conversation on “Squawk Box” was how the market has moved 24 percent and maybe there is too much exuberance.