How to Invest & Prepare for the Future In a Volatile Market
The panel included Rod Griffin: Director of Consumer Education and Awareness at Experian; Beverly Harzog: Credit Card Expert and Consumer Finance Analyst for U.S. News; Jonathan: Blogger and Podcaster; Alicia R. Hudnett Reiss: CERTIFIED FINANCIAL PLANNER™; Daniella Flores: Creator and Author at iliketodabble.com; Courtney Richardson: Founder of The Ivy Investor; Roger Ma: Financial Planner at LifeLaidOut and author of Work Your Money; Molly Ford-Coates: Founder, Ford Financial Management; Andrew Chen: Founder, HackYourWealth.com; Paulina Likos: Investing Reporter at U.S. News; and Mark Leiban: LPL Financial Advisor.
Questions We Discussed:
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Q1: Why is investing important?
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Q2: Bear markets and recessions happen. Should investing strategies change right now?
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Q3: Should you invest while in debt or earning less income?
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Q4: What are some industries and stocks struggling due to COVID-19?
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Q5: What are some ways to manage your investments during uncertain times?
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Q6: Will you increase, maintain, or reduce your 401(k) or retirement investments?
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Q7: How can financial advisors help with your investment strategies right now?
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Q8: What are some low-risk investment options?
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Q9: What are some ways of dealing with fear and uncertainty with investing?
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Q10: Any final tips on how to invest during this volatile time?