He says despite the volatility and uncertainty of the markets amid the pandemic, you can invest soundly.
Plan for the future by letting tried and true investment principles do what they were designed to do: Help meet your financial goals.I've experienced a lot of market tumult during my 50-year career in finance. The most important advice I can give is to stay invested and to try not to time the markets. There's no compelling evidence that trying to time the market's ups and downs is a winning strategy.
You can't control markets. However, you can control the risk you take on. Understanding your risk tolerance is a crucial part of developing a long-term investing plan you can stick with. Cash in a savings account is less risky than bonds. Bonds are less risky than stocks. Each earn return commensurate with the amount of risk over the long-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:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the Boeing Business Jet 787 Dreamliner's most luxurious designs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 1929 much? GTFOOH
Source: BusinessInsider - 🏆 729. / 51 Read more »
Doctors use Microsoft headsets to reduce contact with COVID-19 patients - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US federal agency gave hydroxychloroquine to 1,300 COVID-19 patients - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Delirium is a lesser known symptom of COVID-19, longer hospital stay - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »