The market was up over 200 points today.
I repeat, do not panic and pull all your money out of the market.
I have a very good financial adviser. She has made me insane money in the past year by actively keeping my $ properly allocated. For example, the money I pulled out to pay for the siding on my new 30x40’ garage that perfectly matches our house? I made it back in less than a month.
She says that their research department expects a “healthy” market reset at some point. But it won’t be devastating. Keyword: healthy. Bonds are bad right now. Municipal bonds are okay if you want to balance. International markets will get better because Biden is a pussy. The tech sector corrected already.
Stay in the game. Do not panic.
-SB
Does your financial advisor know that Trump will be President again at some point? Would she panic then? (I wouldn't.)
Municipal bonds - Triple A rating