Hindsight Is 20/20
At some point in your life, you have probably heard someone wiser and more experienced tell you, “Hindsight is 20/20”. This phrase applies to investing as much as it does to life in general.
Looking back in time, we can see how lucrative it would have been to invest during very stressful and volatile market conditions — like what we are experiencing now. It is extremely difficult in the present, however, to act with this type of perspective.
Check out this chart and ask yourself, would you have invested (or stayed invested) during these low periods in the stock market? Had you acted with such foresight recalling the advice of the wiser and more experienced person, you would have profited years later.
If your time horizon and risk tolerance allow it, focus on the long-term gains that can be had from remaining calm and sticking to your plan during stretches like these.
Additional Resources
Cares Act
Learn MoreLearn More
Roth or Pretax Savings, Which Is for Me?
In this informative webinar (the final of our three-part series), we delve into the distinctions and advantages of the Roth savings option, covering: • Understand how saving Roth (after-tax) and/or pretax works • Situations when one option might be more advantageous • How each affects your taxes on contributions and withdrawals
Learn MoreLearn More
Tackling Debt on Your Path to Retirement Saving Success
In this seminar, we dive into these crucial topics: • Types of Debt: Understand the nuances of different debts. • Smart Payment Strategies: Learn how to tackle debt effectively. • Cash Flow Mastery: Control your financial inflow and outflow. • Retirement Impact: Discover how debt decisions shape your retirement journey.
Learn MoreLearn More