Much of the financial media peddles “financial news” of no value. Often, it’s quite harmful. Maybe that’s why it’s aptly called “financial pornography.”
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The next time someone asks you how your portfolio is doing, here’s how I want you to respond: “I don’t know. I only check it every 5 years. I follow the Solin 5-year Rule.”
Whether you are a long or short-term investor, don’t rely on “gurus” who are anything but.
An endless parade of “experts” predicted the direction of the market in 2019. These so-called experts are the biggest threat to your retirement goals.
There have been many times in the history of the market when the monthly return of the S&P 500 index dropped by more than 5%.
Without a will, your assets may not be distributed the way you want. If you really love someone, execute a will and buy adequate life insurance.