Making regular contributions to a 401(k) plan provides a valuable way to save for your future—allowing assets to compound and grow tax-deferred. But keeping your long-term goals on track involves periodically reviewing and adjusting your strategy along the way.
Is a recession coming… or is one already here?
For a lot of investors, the first part of 2022 has been a lot like those first few possessions when we got scored on. The stock market is volatile. Interest rates are rising. Inflation is up. There is a lot going on. And it can certainly cause anxiety and uncertainty. But that doesn’t mean the plan an investor has in place won’t work.
Cooking is not something I am a natural at. It is something I must work at, and something that seems intimidating to me. The way I feel about cooking- that is how many people feel about their personal finances.
The Markets Review for the period ending December 31, 2021.
What can investors do now to prepare for market volatility in the future?
As life changes, we need to re-evaluate our finances. It is a part of life moving so quickly.
There’s no place like home for the holidays…
Step outside of your comfort and make reviewing your finances a priority.
Many times, people hear about new and exciting strategies and think these new strategies are their ticket to financial success. However, many times taking simple steps can lead to just as much success and be much more sustainable in the long term.