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Bear Market? Where Our Fanancial Advisor When We Need Him?

Mar 21, 2018, 9:23 AM
Avatar for shailynn
shailynn
They never tell you what you need to know.

Dougie would be going nuts on here right now.

Check out this article from USA TODAY:

Exclusive: If Dow enters bear market, nearly half of Americans don't have a plan, survey shows

usat.ly

comments (7)

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Avatar for twentyfive
twentyfive

Just ride the bear it’ll be fine.

Avatar for max_starr
max_starr

why do we need a plan? that article is silly....buy the dip.

Avatar for realDougster
realDougster

Hodor, er, I mean HODL

Avatar for skibum609
skibum609

Nearly half of Americans have no money in the stock market at all, so why would they need a plan?

Avatar for JohnSmith69
JohnSmith69

I guess I’ll just move my stock funds into bitcoin.

Avatar for Warrenboy75
Warrenboy75

If you survived 2001 and 2007/08 then you already know what to do.

Keep your allocations where you are comfortable with the risk tolerance and watch what the government does or doesn't do to entice investors......as an example there were a fair amount of private equity bonds sold that were backed by the federal government 100% and paid a decent premium in excess of current interest rates in 2008/09..................ie Parkway Toll Road in Texas, Port Authority in NJ, Great Lakes Restore program and even Chase Bank.....all of them paid in excess of 6.5% and are not callable..................and are backed by the USA.

Avatar for san_jose_guy
san_jose_guy
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