Listen "The Right Asset at the Right Time"
Episode Synopsis
The Right Asset at the Right Time
The world keeps changing, so if you aren't changing with it, you may get left behind. A lot of people aren't asking the right questions before choosing what to invest in. Some of the questions you may need to ask is what life cycle are you in (are you close to retirement or just getting started as an adult), how much risk can you take right now, what cycle is the market in for a particular asset, how long do you plan to hold an asset, and are you taking into account inflation? We talk about these concepts as well as how only 10% of the households own 88% of the stock market wealth. If your stock account balance is up, but you can't buy as many groceries with that amount as you used to be able to, are you really better off? Learn some of the important questions you need to ask to make good financial decisions!
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