X

  

Undue Influence and Covid

With Sandra Glazier, Equity Shareholder, Lipson/Neilson, P.C

0
Sandra Glazier, Equity Shareholder, Lipson/Neilson, P.C. specializes in family law and shares her expertise in the area of Undue Influence, the mental, physical and financial effects, signs and...

Lifestyle Choices and Superpowers

With Adita Yrizarry-Lang, founder of AditaLang.com and twofitpros.com

0
Adita Lang is a certified fitness instructor, author and speaker who shares her expertise on the busy women’s guide to health and happiness, Superpowers of the Family Kitchen, ways to boost your...

Breathing Techniques

With Mindy Eisenberg, MHSA, E-RYT-500, founder of Yoga Moves MS

0
Mindy Eisenberg, MHSA, E-RYT-500, founder of Yoga Moves MS, debunks myths about breathing, delves into the history and evolution of how we breath, and demonstrates several breathing techniques...

Is CBD Right For You?

A Natural Alternative

0
A lot of these medications have undesirable side effects, and some may even lead to dependence. So, it is no surprise that today’s well-informed seniors are looking for natural alternatives like...
First3839404143454647Last

Sponsored Content

  

Sponsored Content

  

Search

Sponsored Content

  

Recent

12

Coronavirus Resources

Key Financial  Tips - Don’t Panic!
Laurie Blume
/ 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:

  1. Do not panic. Panic is the enemy.
  2. 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.
  3. It is hard to plan for economic calamity.
  4. Think twice before paying off your mortgage if it uses up a lot of cash.
  5. Do not panic and sell too early. This is how most people get hurt by market downturns. Panic is your biggest enemy.
  6. 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

All Categories

Sponsored Content