Do you know how much your investments cost and, more importantly, should you care? After all if your returns are enough to achieve your financial goals isn’t that all you need? It turns out that the costs of your mutual funds, retirement plan choices, and other holdings are important to monitor.
Steps to take after the recent stock market correction
Evaluating Your Financial Health
Prioritize Your Investments To Support Your Situation
Find where you are on the Financial Life Cycle to determine the state of your financial health.
The best approach to the Dow is to not react when it soars and when it declines. Your portfolio is much more than the Dow, and for the most part that’s a good thing.
Even if the outcome of this election proves to be a crisis in your mind, don’t automatically conclude that it will be of similar import to your portfolio and long-term financial goals.
Asset Allocation for different economic cycles
Investments that may be due for a decline