While many investors are losing confidence in their investments due to the recent market volatility, there are those out there who view this as an opportune time to pad their portfolio. If you’re wondering if now’s a good time to invest, start by taking these considerations into account.
What should we be doing right now? Our team is putting together content to give you actionable strategies so you can position yourselves to succeed in the coming years. Keep in mind these strategies are part of a 5-year plan. After 2008 it took nearly 4 years for the S&P to recover all of its value from 2007. We don't expect this shock to look much different. It will take time to recover, but we want to make sure you are there to benefit as it does.
With the housing market crash of 2008 a distant memory and home prices back on the rise, many investors are looking to real estate as a way to diversify their investment portfolios. But let’s be honest -- investing in real estate is a big commitment, and it’s important to really understand the ins and outs before diving in.
Paying off a primary mortgage is important, which is why so many people give it priority over other financial goals. However, this might not always be the best method to grow your wealth. A mortgage can definitely hinder your ability to save, but there are some situations where saving and investing should come first.