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Ep 40: Coronavirus & Your Investment Strategy Part 1
Shocks like the Coronavirus (COVID-19) or Russia's assault on oil prices can't be predicted. Yet, your financial life plan must be able to weather shocks and your investment strategy respond appropriately.
Investors are not only concerned about their health but are questioning what to do about their money. Listen to Kevin describe the current situation and prudent, processed-based response to help you tune out the noise and stay on track.
Timestamps:
2:45 - Kevin looks to put the past week of volatility into perspective.
8:54 - A lot of people have been reaching out recently to address their financial picture.
14:47 - Kevin is still making 401(k) contributions personally, despite the down market.
16:35 - All we tend to hear on the news is negativity.
21:25 - A look back at the health of the economy before the Coronavirus impact and what that tells us about when we get through this crisis.
Useful Info:
True Wealth Design Website: http://www.truewealthdesign.com/
Call: 855-TWD-PLAN or 855-893-7526
View all episodes
By Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
4.4
2626 ratings
Shocks like the Coronavirus (COVID-19) or Russia's assault on oil prices can't be predicted. Yet, your financial life plan must be able to weather shocks and your investment strategy respond appropriately.
Investors are not only concerned about their health but are questioning what to do about their money. Listen to Kevin describe the current situation and prudent, processed-based response to help you tune out the noise and stay on track.
Timestamps:
2:45 - Kevin looks to put the past week of volatility into perspective.
8:54 - A lot of people have been reaching out recently to address their financial picture.
14:47 - Kevin is still making 401(k) contributions personally, despite the down market.
16:35 - All we tend to hear on the news is negativity.
21:25 - A look back at the health of the economy before the Coronavirus impact and what that tells us about when we get through this crisis.
Useful Info:
True Wealth Design Website: http://www.truewealthdesign.com/
Call: 855-TWD-PLAN or 855-893-7526
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