The rest of 2020 is shaping up to be filled with uncertainty: market volatility, a possible second wave of coronavirus, and the shifting landscape of work and school.
But it’s not time to panic, it’s time to be prepared.
As you listen to the talking heads, you may start to wonder that if you make the right moves at the right time, you can time the market; however, this is not a realistic approach. A better way forward is to understand the level of risk you are willing to tolerate in your strategy while also considering your spending habits, family needs, and overall financial goals.
As we enter the final months of 2020, it’s a good idea to review your financial strategy and talk about how to handle market risk. Together, we can continue to build a diversified plan to help meet your long-term goals and leave you feeling confident in any market.
Here are some articles that I found insightful. I’d love to know your thoughts on them.
Why Did Stock Markets Rebound From Covid in Record Time? Here Are Five Reasons
Sept. 15, 2020
Forces behind fastest-ever swoon and recovery include economic hopes, tech dominance and a boom…
The Rest of 2020 Market Outlook
Sept. 15, 2020
On the surface, it seems like a ripe situation for stock market disaster, given the tumultuous…
How to Make Rational Decisions in the Face of Uncertainty
Sept. 15, 2020
As we’re battling a virus that scientists still don’t fully understand, watching the stock market…
The Biggest Money Mistakes People Make in a Recession
Sept. 14, 2020
Facing a downturn is hard enough without falling into the common traps in the way we save, invest…
Two Social Security Strategies to Help You Pay Bills Now Without Sacrificing Later
Sept. 10, 2020
Cynthia Blackburn assumed in March that by now the corporate conferences and weddings that are crucial for her small photography business in Houston would have returned….