Ever find yourself scrolling through social media or watching the news, and suddenly you're feeling the weight of the world on your shoulders?
Yeah, it happens to the best of us.
I've put together a video—short, sweet, and right to the point—about staying grounded amidst the whirlwind of negative news and updates that flood our daily lives. Hope this helps!
The Federal Reserve has been in the headlines a lot lately as analysts try to figure out when policymakers will cut interest rates.
Why does the Fed matter so much?
Let’s discuss. Don't worry, there won't be a quiz!
The Fed’s decisions on interest rates are a big deal for markets and the economy because they affect how much it costs to borrow money. Since businesses and consumers depend on credit to buy houses, fund business growth, pay workers, and more, interest rate policy decisions ripple across the economy.
The S&P 500 broke the 5,000 level recently for the first time in history as investors embraced euphoria and rallied. (1) And then tumbled as investors got jittery. (2) Then yo-yo'd a bit more.
What’s going on?
Let’s talk about investor psychology.
Fear and greed are the two halves of the investor psychology coin.
What’s your biggest worry about the next presidential election? How do you think it’ll play out in your financial life?
Believe it or not, there’s a roughly 50-50 chance you’re worried about the next election tanking your portfolio. (1) You may also be concerned about a recession, rising interest rates, or taxes going up. (2)
No matter what has you feeling unsettled, it can all boil down to one question: Should we make money moves now, based on our election anxiety?
