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Financial literacy is often thrown around, but what does it truly encompass? Financial literacy is the ability to understand and manage your money effectively. It is the knowledge and skills that empower you to make informed financial decisions, navigate complex financial products, and ultimately achieve your financial goals. Whether you're… ....
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Do what s best for you, don t let your emotions run away with you. you re an optimist, my friend. karen, my heart is pal pi at a timing. should i take the money from the 401(k) and put it under the mattress. go back to investment basics. we all should have three to six months minimum cash set aside to pay bills, including government nonessential workers. you have to have that to rely on. two, you shouldn t have money in the market you need in the next three to five years. migel, i would ask you, are you planning to use your 401(k) sooner than five years? my guess is the answer is no. i hope not. exactly. i agree with scott. we have to stay consistent with our investment strategies, do not panic. stay calm. if you re the little guy investing in 401(k) and the market turns south, you invest into the downward spiral and get the best upward potential when it turns around. thank you very much. in a minute, we will put these ....