Think back to last year, did yesterday’s headlines sound familiar? Don’t cave in to doom and gloom media. Timing the market is a fool’s game.

New Focus on Wealth with Chad Burton

English - August 07, 2019 23:15 - 38 minutes - 9 MB - ★★★★ - 60 ratings
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Previous Episode: August can often be a rocky month for the stock market, but could this be a sign that a recession is approaching?

Next Episode: Thinking about pausing your 401k? Don’t harm your retirement goals by losing out on free money because the president tweeted something you didn’t like!

Astute investors realized that yesterday’s headlines were incredibly similar to those during last year’s September-December correction. Daunting headlines and investor Alzheimer’s make for a poor combination that can cause some people to panic out of the market which will typically result in a huge setback in your retirement. Daily headlines really don’t matter in the long run, what does matter is having a strategy that you stick to because you can not time the market! Other topics include:

What happens if I miss just a few of the best trading days? Morninstar’s market downturn tool kit Are annuities worth it? –The best interest rule Key things you need to have a plan for in retirement

Email your money question to [email protected] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.