Financial independence fans see opportunity as market lurches

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Financial independence fans see opportunity as market lurches investinyou (In partnership with acorns.)

If you're looking at your portfolio and seeing that it's worth about 70% of what it was a month ago, the new market numbers are discouraging.Matt Marberry, 29, says a set-it-and-forget-it approach helps him stay calm when the market is crashing.It's possible people who are panicking aren't as familiar with the movement and haven't read enough, says Matt Marberry, 29, who works in entertainment and tourism in Orlando, Florida.

"Even if I retire at age 50, I'm very confident the market will go through many more cycles," Marberry said. "I'm not so concerned" about recent price drops.Currently Marberry invests 25% of his W-2 income in a 401, and he and his wife also max out their Roth individual retirement accounts. They prefer low-cost index funds, and he does not often check performance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

acorns I think most people are worried about their weekly paychecks still coming in, not financial independence

acorns Where are all the dying people in the hospitals in the streets please stop putting on these crazy medical doctors that are drug attic’s drunkards and have God complex is this is day 15 minutes scandalous the numbers will ultimately proved this was all bullshit

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Bearmageddon’ for stocks appears to be upon us, strategist saysThe stock market’s worst-case “Bearmageddon” scenario appears to have occurred, said Mike O’Rourke, chief market strategist at financial brokerage... MY DAD: HUNNY JEROME IS HAVING THIS PROBLEM TOO Intellectually and morally impotent... They’ve over used it. There is only so much cutting rates can do for a virus anyway so cutting rates just alarms the markets even further.
Source: MarketWatch - 🏆 3. / 97 Read more »

Even the world's biggest hedge fund was caught flat-footed by the coronavirus market sell-offThe Financial Times reported Bridgewater's flagship fund is down about 20% for the year following the swift plummet from all-time highs into a bear market from stocks. Hedge funds suck!!!
Source: CNBC - 🏆 12. / 72 Read more »

Here’s What Happens When An Infected Market Meets A Pandemic VirusThe coronavirus pandemic is the catalyst that has pushed the global financial markets over the edge, and it is difficult to know where it will take us next. I know everything, also our state is free from corona virus. No problem. Can't find any disinfectant even for my staff at work! COVID19nz ok, it's not the flu. how are you employing a writer maintaining the suggestion that covid-19 is probably just flu. lol is it all media hype hahaha
Source: Forbes - 🏆 394. / 53 Read more »