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Surviving COVID-19 Financial Stress with Jennifer Luzzatto
Breakfast Leadership Show
English - April 24, 2020 03:01 - 19 minutes - 18.1 MB - ★★★★★ - 25 ratingsEntrepreneurship Business Education Self-Improvement Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: COVID-19 Check In with Michael
Next Episode: Interview with Jude Charles
Jennifer has some great insights for how families can survive and thrive afterward with respect to COVID-19, including:
If you have cash sitting in a savings account, consider whether to add to your investment portfolios. A market correction is an excellent opportunity to put cash to work.
If you are actively adding to your portfolio already, through regular investments, whether through 401K plans, your IRAs or taxable portfolios, rejoice! You are being presented with a buying opportunity.
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If you need an unexpected distribution from one of your investment accounts, sell bonds, or mostly bonds, depending on the composition of your portfolio, so you are not forced to sell into a down market.