I hope you had a wonderful weekend! Are you going to watch the NCAA championship basketball game tonight?
LRPC’s Monday Morning Minute for this week, “How To Protect Your Finances In Uncertain Times” (presented below) comes to you courtesy of Charles Schwab & Co. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week.
We always seem to be living in uncertain financial times. Take a look at the suggestions provided by the folks at Charles Schwab below to protect your finances.
Have a wonderful week!
How To Protect Your Finances In Uncertain Times
By Carrie Schwab-Pomerantz, Charles Schwab & Co.
- Apprehension about how political and economic changes may affect your wallet is understandable.
- In times of uncertainty, you can prepare yourself by sticking to some time-tested basics of money management.
- Here are some practical things you can do to not only protect your money but also to help it grow.
I’m getting a lot of questions from readers who are understandably apprehensive about what’s in store for their money in this year. So much is up in the air: taxes, interest rates, health care choices and costs, the future of Medicare and Social Security. All of these things have the potential to impact the economy, the financial markets — and our wallets.
But here’s some good news. Although we can’t predict or control the future, we can prepare ourselves by sticking to some time-tested basics of money management. After all, even though we may not be aware of it, we all live with uncertainty every day. Always have, always will.
The best way I know to feel more in control is to take action. So here are some thoughts on things you can do to help ease your anxiety. Even as market forces change, these principles hold true. In fact, it’s in times of uncertainty that they’re probably the most valuable of all. [Read more…]