Many global stock markets are approaching “bear market” territory, meaning a decline of 20%. Volatility, as measured by the VIX index (pronounced vicks), is at its highest level in the last 5 years, so many investors are worried. Are you? Certified Financial Planner Paul Fain has three things to focus on during a crazy market.…
My youngest child, a college freshman, recently sent me a long text discussing the potential opportunities for Bitcoin miners. As we know, last year, Bitcoin rocketed from $1,000 to $20,000 before splashing down below $9,000. I know an 80-year old investor who has shifted most of his portfolio into stocks, particularly into healthcare and…
A Message of Thankfulness from Paul Fain My college freshman son came home for the holiday weekend. As he packed his car to return to campus, I offered him some gas money. “No thanks, I’ll manage,” he responded. I shoved the twenty dollar bill back into my wallet in disbelief. I am thankful that…
With the stock market at record highs, many investors are anxious about when the inevitable bear market will arrive. Is there a case for staying invested in the market? How can an investor remain calm and steady? IS RECENT STOCK MARKET PERFORMANCE TOO MUCH OF A GOOD THING? As of August 1, the stock…
Stay up to date on the financial market! In a recent Schwab Market Snapshot, Liz Ann Sonders, Schwab’s Chief Investment Strategist, talked about the amount of debt in the U.S. financial system.