Ask Chuck: Recession fears rising
The Federal Reserve raised interest rates — again. I’m hearing murmurs of a recession, and though most think it will be mild, it creates fear and trembling. How can I prepare myself?
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The Federal Reserve raised interest rates — again. I’m hearing murmurs of a recession, and though most think it will be mild, it creates fear and trembling. How can I prepare myself?
I know I’m supposed to save, but I really don’t know how I can or even why I can’t seem to make progress!
I have lost $300,000 in my 401k in the past 12 months, and things appear to be getting worse. I plan to retire in 5 years. Should I get my money out of the market or try to ride out the economic storms?
We’re considering hiring a financial advisor to help us develop an estate plan. We want to protect and pass down our assets and possibly set up a giving fund that the children will jointly manage. Any suggestions on how to do this right?
We usually pay down Christmas debt with our tax refund, but I am worried we will not get as much back this year. What can we expect?