Most investors, especially when retiring or nearing retirement, try to reduce risk while cautiously building capital in the stock market. Gains are nice, but big pullouts are sickening, especially when you retire, when you don’t have an income stream from a full-time job and time is no longer on your side.
When time is on your side, and because most bear markets tend to last only six months to a maximum of two years, you can rebuild the value of your account by simply sitting there and not rushing for the exit. FACT: The only people who lost in 2008 and 2009 were those who sold at the bottom. The market still has some room to turn, according to experts, but we all want to keep a good chunk of the money out of danger. But are bonds the answer for the safe money side of your plan? Today we’ll explore why Warren Buffett says bonds are a terrible investment. Then health insurance and Medicare Specialist Shelley Grandidge comes to us. You don’t want to miss today’s show…MASTERING MONEY is on the air!!

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This post Controlling Money 3/4/22 – IQ Wealth Management

was original published at “https://iqwealthmanagement.com/2022/03/04/mastering-money-3-4-22/”