If there is a universal investment ideal, it is this: Every investor wants to buy low and sell high. What if there was a disciplined process to achieve that ideal while staying on track toward your personal and retirement goals? There is. It’s called rebalancing.
As investors, we have to balance risk and return. It’s our desire to get as high returns as possible while also wanting to avoid the big losses. Diversification allows you to have the right balance between risk and return. How do you get this "free lunch of investing" during this time of market chaos?
Will my stocks recover from market instability? Is my retirement protected? How will this affect my taxes? If these questions are keeping you up at night, keep reading.
Rather than trying to react to market mood swings by switching up your investments, here are 16 actions you can take instead to be ready for a recession. Each is within your control, and any of them can add real value to your financial well-being.
As an attorney, you’re constantly counseling clients on how to manage the never-ending curve balls that come their way. This leaves you precious little time to protect yourself in similar vein.
No matter how you feel about an impending recession and other issues, you may be thinking twice about your investments. Should you try to shift your portfolio to higher ground, until the coast seems clear? Might these stressful times justify a measure of market-timing?