If you're nearing retirement and a global pandemic hits, here's what to do. investinyou (In partnership with acorns.)
"We hear for years about the person who was right, and not the 80% to 90% of predictions that were wrong," said H. Jude Boudreaux, a certified financial planner and senior financial planner at The Planning Center in New Orleans.Rising market numbers lure investors into dreams of beaches or lake houses. But people's visions in a falling market are quite different.
"I expect it to go up and down," she said. In fact, she bought stocks in February, anticipating the prices would rise. "I only invest what I can afford to lose," she said. Listening to Dave Ramsey and other personal finance experts sparked White and her partner to pay down debt and open Roth individual retirement accounts.
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