June 29, 2017

How to Protect Your Retirement Savings From a Crash


"Since the market hit rock bottom about eight years ago, it has been steadily improving, and investors have seen skyrocketing stock prices and annual returns. Unfortunately, those spectacular averages won't last forever, and the investment pros have some pretty pessimistic predictions for the future," according to Katie Brockman writing for The Motley Fool.
"So what can you do to protect your retirement savings in the event that the market crashes?"
1. Check that your investments are aligned with your risk tolerance
2. Don't invest anything you'll need within five years
3. Eliminate as much debt as possible
4. Prepare for the worst


 

2 comments:

  1. A very interesting post for me as a woman. Women are thought to do badly with money, but this is a perfect opportunity for them to prove everybody wrong and even find out how to get the best payday loans UK no credit check quickly and easily. It is hard enough to work during your life, let alone think about savings for the retirement. Yet, I am happy to say that Iam going to start doing it right now. With these cool tips, we can all become smart about our expenses.

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  2. Tom Hofbauer directs the Private Portfolio Management for Trilogy Wealth Advisors. Formerly, Tom was the senior partner responsible for domestic and foreign options trading at Marquette Partners, a private money management group based in Chicago. He was also a floor trader on the Chicago Board of Options Exchange for 15 years before returning to Northwest Ohio with his family in 1997.
    Tom has a degree in Finance from Virginia Tech. A native of Montpelier, Ohio, Tom and his wife have two sons and reside in Bryan. Tom’s passion for horse racing has taken him to the Kentucky Derby each year for more than 20 years. In 2006, he and his family attended each of the Triple Crown races and Tom appeared on ESPN during the Preakness pre-race show as the “World’s Tallest Jockey. “ Tom is also an avid golfer and rabid Ohio State football fan.

    Investment Advisors Northwest Ohio

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