Listing Life Fully - What Is It? Listing Life Fully - What Is It? With Gracefully Greying Co-Founder Laurie Blume Friday, January 7, 2022 0 Laurie Blume and Pam Lippitt discuss Gracefully Greying's organizational tool Listing Life Fully. Read more
5 Ways to Get Through the Holiday Blues 5 Ways to Get Through the Holiday Blues With Lila Lazarus Thursday, December 16, 2021 0 Lila Lazarus shares five great tips on embracing loneliness during the holidays - and really any time of year! Read more
The Preventable Epidemic The Preventable Epidemic With Arun Gupta, MD Thursday, December 9, 2021 0 Why the drug overdose death rates are sharply going up and what can be done to resolve America's opioid crisis. Read more
Organize Your Photos and Videos Organize Your Photos and Videos With 'Preserving Memories' Expert Gaylotta Murray Thursday, December 2, 2021 0 Gaylotta offers several memory-keeping solutions and tips to preserve your family photos and milestone events. Read more
Laurie Blume / Wednesday, March 11, 2020 / Categories: Financial, Money Management Key Financial Tips - Don’t Panic! Remain Calm in Turbulent Times Here are a few financial tips for those of us who are Gracefully Greying adapted from the Financial Manager and AARP Magazine: Do not panic. Panic is the enemy. Diversification is your safety net. Make sure that your money is spread among different types of investments, such as U.S. stocks, foreign stocks, bonds and publicly traded real estate trusts. Investing in mutual funds is safer than buying individual stocks and bonds. It is hard to plan for economic calamity. Think twice before paying off your mortgage if it uses up a lot of cash. Do not panic and sell too early. This is how most people get hurt by market downturns. Panic is your biggest enemy. Do not be overconfident either. There are always down turns in the market. The four most dangerous words when the markets have been strong for a long time: “This time it’s different.” Another good read is Suze Orman's article 10 Steps to our Ultimate 'Retirement, published in AARP. Another important read is published by U.S. News & World Report, What the Coronavirus Means for Your Retirement Finances. Print 31854 Tags: Financial Financial Planning Related articles A Tale of Two Losses: Your Memory & Your Money Can't Pay Your Taxes? The Perils of Caregiving: Protecting Finances Choosing A Financial Advisor Daily Money Management Reverse Mortgages for Seniors The Cost of Long-Term Care Saving for the 3 Stages of Retirement Seniors and Reverse Mortgages Don't Panic!