During periods of volatility and stock market fluctuations, you may have doubts about your long-term investment strategy. Here are five tips to help you avoid common pitfalls and stay on track toward achieving your financial goals.
Talking points on the recent impact of Coronavirus to markets
Global markets have reacted negatively after a surge of diagnoses and deaths outside Asia due to the coronavirus called COVID-19. That sell-off accelerated after the US Centers for Disease Control and Prevention warned it was likely the outbreak would evolve into a pandemic that could cause “severe” disruptions to daily life in the US. The S&P 500 dropped 3 percent, bringing its losses to 8 percent since hitting a record high last Wednesday. (1)
Picture your life in 10 years. What do you want it to look like? How about in 20 or 30 years? No matter what dreams you have, the choices you make today have the power to set you up for financial security later. That’s why I love coaching people on how to start investing!
Building wealth opens exciting options for your life. It helps you make your dreams a reality and gives you the chance to impact other people through living generously. But I want to make something very clear: This is not a get-rich-quick guide. Investing is like a marathon, not a sprint. The road to building wealth is slow and steady.
Are you ready for your investing 101 crash course? Let’s do this.
Investing at a Young Age: At what age should someone start investing in a ROTH or Traditional IRA?
The future is now, and today there are more opportunities than ever for young people in their teens and 20’s to take advantage of getting their nest egg going.
If you are a teenager or college student or if you are a millennial or ambitious young entrepreneur, this article is for you!
It doesn’t matter if they make it as a social media YouTube star, a professional coder, dog walker, or many multiple ways of getting an early start with having your own money, in the business world they do not require waiting until they are older to start putting money away for their future.
Investing: Interest Rates will be Impacted
The Federal Reserve has employed numerous investing tools in response to the 2008 financial crisis. With its policy normalization underway, its next move could be the most important yet. Can this mean it can soon begin shrinking its balance sheet, allowing longer term yields to drift higher?