Editor’s Note: This is an updated version of a story that originally ran on August 29, 2022. Stocks and bonds are trading in bear territory. And given current circumstances, it’s fair to assume the markets will remain volatile for awhile. Interest rates are rising quickly in the US and Europe amid government efforts to tamp down rampant inflation. Recession fears remain. And a steep drop in the British pound coupled with rising UK debt costs is causing concern.
“But the key to 401 success is consistent and ongoing contributions. Continuing to contribute during down markets allows investors to buy assets at cheaper prices, which may help your account recover faster after a market downturn.” If you can swing it financially, Wilson even recommends boosting your contributions if you haven’t already maxed out.
Don’t let this distract you from the fact that Byron and the broad in office are planning to destroy this country. We’ll, destroy is an understatement, gang bang the economy is a better term
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:
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.
Jim Cramer Says These 5 High-Yielding Stocks Have His Stamp of ApprovalThe two-year Treasury has surged to around 4.3%, which is a sign that the Federal Reserve will continue to raise interest rates aggressively, said Cramer. Great…then I will do the opposite
Source: nbcsandiego - 🏆 524. / 51 Read more »
Asset manager reveals what's next for stocks — and shares how he's trading the marketInvestment director Neil Veitch names the key drivers for the stock market to turn 'more constructive' and gives his take on growth versus value.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Sanguine as Bonds, FX Price-in Panic – WebinarIt’s a peculiar environment to see once-in-a-decade moves in FX or bonds as stocks just sit on support. One side is probably wrong…
Source: DailyFX - 🏆 305. / 63 Read more »
Here's why one strategist says the consumer and related stocks might get a second windIt's a tough time for the consumer, but not all is lost, says Jefferies, which is touting some potential good news in the pipeline.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks making the biggest moves premarket: Biogen, Thor Industries, Lyft and moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Forex Today: Risk Off, Dollar Up, Stocks and Commodities DowToday's Forex news: Fed’s Kashkari Warns on Tightening; 10-Year Treasury Yields Exceed 4%; S&P 500 Reaches 2-Year Low; US Dollar Hits Long-Term Highs Against EUR and NZD; IMF Criticises UK Tax Cut Plan. The mighty dollar! The dollar's muscle is growing Its rise shows no sign of slowing Sterling is frail The euro is pale Everywhere, weakness is showing.
Source: Daily_Forex - 🏆 567. / 51 Read more »