Apr 6, 2018
Today, we are going to talk
about current events, and how the market is bouncing around. We are
going to learn how to react to the market as it continues to shift
Main Questions Asked:
- How do I keep my emotions from
getting the best of me during market shifts?
- How can I remain calm when the market keeps changing?
- Do I have a plan in place that will make me feel secure?
Key Lessons Learned:
Current Events and What Is Going on in the
Mueller investigation. There is a lot of uncertainty. We don't know
how it will turn out, but it is hanging like a cloud over The White
House and the market.
trade war. Every economist says this is a bad thing that could hurt
us, but Trump promised to put protections in place for people left
- Facebook. Most people in business know that
Facebook has people’s information. Instagram is part of
- Markets are unpredictable. It’s important to
make sure that you have a financial plan in place.
- I am
being forced into an early retirement, but my pension won’t be
enough to live on. Do I need to find another job? There is no
penalty to take money out of your deferred compensation plan. You
need all of your information fed into a retirement income planning
system. You need a plan.
is the rule of 100? I believe in any rules based system that keeps
you from doing the wrong thing and involving your emotions in
investments. The rule of 100 says to subtract your age from 100. If
you are 55, you should have 45% exposure to the market and the rest
in something safer.
Good News and Bad News
still have a lot of debt, but the interest is tax deductible. The
bottom line is you need to have a tax analysis. This is a
discussion in the context of an overall plan.
mutual fund hasn’t performed well, but it has low fees. Cheap isn’t
always cheap, and can sometimes be inconvenient.
portfolio just lost 40%, but it will come back eventually. That’s
easy when you are a big business that will last a long time.
Regular people may not be able to wait 10 or 15 years for the
market to come back. It’s important that you have the correct asset
allocation and a financial plan that fits you.
Links To Resources Mentioned
Money Map Retirement
Forced to Retire
Thank you for