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How to Take Advantage of a Bear Market
by Craig Joncas, Penobscot Financial Advisors
I know the feeling…You log into your account, hold your breath, and see that the account value has slipped even more. It has been months of seeing scary headlines and watching the value of your portfolio, EVERYTHING you have worked for, just slipping further and further in the wrong direction. You are starting to think that this will never turn around. I mean it has been over half a year of destruction and maybe just getting out would be better than having to watch it fall even more.
Understanding Stock Market & Economic Cycles
by Robert Stoll, Financial Design Studio
The economy and stocks are always in a cycle. We don’t notice the ‘cycle’ too much when the economy is growing and stocks are going up. But when these economic cycles turn negative, everyone wonders what’s going to happen next.
5 Things to Do to Help with Turbulent Times.
by Jay Zigmont, Childfree Wealth
You can’t turn on the news or look at social media without seeing that we are in turbulent times. We are getting past a pandemic, dealing with inflation, questioning if there will be a recession, there is a war in Ukraine, and a pile of domestic political issues in the US. It can be overwhelming. So, the big question becomes, what should you do with your financial plan during these times?
Why Can’t I Get Much Return on Safe Money?
by James Bradley, Penobscot Financial Advisors
Two things seem to occur pretty reliably during periods of market stress and uncertainty: People become very interested in safe places to put their money, and the return on safe assets drops substantially.
Why is it that at the very time most people want to move to safe assets, the returns seem to be lowest? Is life simply unfair?
What To Do When the Market Just Flat Stinks
by Craig Joncas, Penobscot Financial Advisors
I know the feeling…You log into your account, hold your breath, and see that the account value has slipped even more. It has been months of seeing scary headlines and watching the value of your portfolio, EVERYTHING you have worked for, just slipping further and further in the wrong direction. You are starting to think that this will never turn around. I mean it has been over half a year of destruction and maybe just getting out would be better than having to watch it fall even more.
Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.
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