Ask An Advisor: Graham Miller
I’m retired and dwelling on Social Security and meals stamps. I’ve all my cash in two conservative retirement accounts. I can not contribute any cash to them. I plan on taking distributions in 5 years. What’s the very best plan of action to save lots of my cash earlier than the market crashes much more?
-Camile
The core query right here is easy methods to shield your cash throughout a market downturn. It’s one which I hear maybe greater than every other.
The reply can fluctuate relying on the distinctive circumstances of the particular person asking. In explicit, it depends upon the way you perceive danger and what you’re keen to do about it.
Here’s what to find out about defending your cash when the market falls. A monetary advisor may help you handle your financial savings and plan for retirement. Find an area advisor at this time.
The Investor’s Trilemma: Safety, Liquidity and Growth
Here’s easy methods to shield your investments when the market is down.
In common, your investments can supply security, development and…
2023-01-15 09:00:19 I Live on Social Security and Food Stamps. Can I Protect My Investments in a Down Market?
Source from finance.yahoo.com