It’s not an exaggeration to say this is a historic time for stocks, interest rates, commodities, bonds and virtually every other financial asset.
News about the war in Ukraine and resulting financial upheaval is everywhere these days. Add to that the increasing pressure on our budgets from rising gas prices and interest rates, along with a roller coaster stock market, and next thing you know, you’re questioning whether your retirement savings are in danger.
When events are out of your control, it’s easy to let emotions affect your decisions. And that’s when people are prone to money mistakes.
We recently shot a brief video discussion with Kendrick Mattox, partner and senior financial adviser with Edge Capital Group, to talk about what investors should be doing now.
My co-host for this show is Pam Krueger, founder of Wealthramp, a free matching service that pairs investors with fiduciary advisers.
You can watch the video below. It’s also on our YouTube channel, so if you prefer, you can watch it on your smart TV.
Finally, if you’d rather just hear it rather than see it, you can do that here on the site or download it wherever you get your podcasts: