We have an election around the corner. And so far, we have seen a great deal of uncertainty. We have also seen increased volatility in the market. Some people worry about their finances during an election year, but there are some things that remain true even during these uncertain times. Here are five truths about your finances no matter who wins the 2020 election.
It’s one thing to earn a paycheck, but it’s another thing to put that money to work for you. Real estate is very attainable for a lot of people, and it can be a great way to diversify out of the stock market. Approximately 90% of America’s millionaires are invested in real estate, which should tell you something.
If you look at some of the most successful people in the country, almost all of them are invested in real estate. In fact, 90% of US millionaires have real estate as part of their investment portfolios. However, they don’t have everything in this market. Like every good investor, they have a plan and stay diversified. And you should do the same.
The Dow is back at up, but it’s still continuing to fluctuate like it has been for most of the year. An election is still coming, meaning uncertainty. And while a recovering market is good news, there are certain things you need to know as an investor going forward.
The biggest question a lot of investors should ask is, “Are you diversified enough?” So, here are five more tips on how you can get an answer.
2020 isn’t over, so you want to make sure you’re prepared for the rest of the year. Let’s a look at what happened to your portfolio, and ask yourself if you’re diversified enough.
Many people have been hit with “financial curve balls, and there has been a lot of bad news in recent months. If you have been struggling financially, you’re not alone. People have been affected by the craziness of 2020, and we’re only halfway through. This isn’t the first recession, nor is it the first time that we’ve had financial unemployment.
Real estate remains an excellent investment in 2020
If you have a job or any business that brings in regular income, you know how much money is coming in. But do you know where it’s really going? Many people don’t know the answer to this question, but it’s an important one to ask.
Watch the video on this topic here! The coronavirus outbreak rattled the stock market for months, and it continues to show signs of uncertainty. It bounced back earlier this week, which is an indication that it has recovered somewhat. But later this week, we had the biggest single-day drop since the coronavirus drama started. Let’s […]