Dave Ramsey sent a good article that I’d like to share with you. It’s common sense advice, that in these times, sometimes we have trouble adhering to. This could be a possible buying opportunity for those of us investors who have a long term view. If you have any cash that you’ve waited to put in the stock market for your 401K, IRA or any other long term accounts you have, dollar-cost-averaging into the markets could be another option. I recommend that you have an adequate emergency fund (3-6 months of cash and/or other liquid assets).
If you would like to discuss this or any other personal finance topics, or get a recommendation that could help you turn things around or to help you stay on course, just contact me and I’ll work to be your calming financial coach in your corner. Have a great day and don’t forget to wash your hands….to read the article, click below.
The Coronavirus and Your Money
Respectfully,
Mike Fetterman