We all know 2020 is an election year. And, it's not uncommon for investors to assume that because it's an election year, the stock must be in for a wild ride. Even more, some suggest that if the party they favor wins the election, it will be good for the markets. But, if the other party wins, it will tank them. I'm not going to pretend to have a crystal ball. But looking back at 90+ years of data can be incredibly helpful in making …
Financial Myth #2: It’s Dangerous to Invest at Market Highs
The stock market has been screaming upwards for over 10 years now. Many are worried about putting their hard-earned money in stocks, thinking we must be due for a correction soon. Is it dangerous to invest at market highs? Is it better to wait for a correction before adding more to stocks? I’m answering these questions and more. How to Listen to Today’s Episode: Click to Listen on All Podcast Players Click to Listen in Your …
Financial Myth #1: If Interest Rates Rise, Bonds Lose Money
Interest rates are at record low levels. The bond market in an almost 40-year year bull market. It's very possible you have heard some version of the following statement: "If (or when) interest rates rise, bonds will lose money." If you're a listener of this retirement podcast, you might know that it’s not entirely incorrect. Bonds and interest rates do have an inverse relationship. But it's complex. Learn what really happens to …
