Since the stock market volatility of October, my financial planner friends and I have been pretty crabby. “Well, of course,” you say, “down stock markets are terrible for investment advisors.” Nope, that’s not the problem at all. Getting mad at the stock market for going down is like being angry at a toddler whose…
In times of uncertainty (rising interest rates, tariff wars), investors understandably want predictability, even if it means sacrificing return. Cash (savings accounts, money markets) offer stability, but not much interest. For people who are working, I suggest you keep 3-6 months of expenses in cash for emergencies and invest the rest for longer term…
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