One key thing to consider as you’re evaluating your 401 and other investments in turbulent times is how soon you will need the money.
While the returns on those investments are lower, you also don’t have the risk of losing 20 to 30 percent of your money, he said.When making decisions as to what actions fit you best, your age is a key factor to keep in mind. Financial advisor Marguerita Cheng, CEO of Blue Ocean Global Wealth in Gaithersburg, Maryland, said she encourages investors to allocate their investments in buckets.
That means you want to keep contributing to your 401 or other retirement funds, where you’ll be dollar-cost averaging, or buying investments on a fixed schedule, Cheng said.
BETTER Next week it will be high.. Your point is
BETTER NEVER listen to a Democrat!!
BETTER Let me help them: BUY!
BETTER BlackRocket?!?
BETTER Is getting rid of trump one of them?
BETTER guess what. it's to late.
BETTER First step, ponder how many years or decades until you retire. If its more than 5, proceed to next step. Step 2, pay off your debt Step 3, go back to work cuz its too late to do anything right now. Remember its Buy Low Sell High, not the converse.
BETTER Stop receiving your bloody money from ccp!! Stop helping tyranny!!
BETTER Ok.
BETTER First advice. Don’t watch They’re not to be trusted.
BETTER 700 points is not a tanking. Quit exaggerating.
BETTER Let’s see an article in a few weeks when it’s pressing past record levels once again.
BETTER Another depression is coming.
BETTER Vote Trump out!
BETTER Thanks Trump
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