|Second, market rallies can happen quickly. It’s impossible to predict a rally’s starting point, but when it begins, you may not want to be on the investment “sidelines.”
Third, you may now be able to find attractive prices on some investments that are appropriate for your needs.
Fourth, the Treasury Department and the Federal Reserve are working hard to support the credit markets, boost liquidity, lower mortgage rates and take other steps that could ultimately benefit the investment markets.
Finally, inflation is low, which may help improve the “real” returns of some of your investments.
Keep the above factors in mind as you look for investment opportunities.
Review Financial Strategies After Life Events
Your life is full of changes, and many of them will require you to take a new look at how you save, invest and protect your family.
One important milestone is marriage. After you’re married, you might set some common goals, such as saving for a down payment on a home.
If you have children, you might consider adequate life insurance protection. And it’s never too soon to start saving for college, so you may want to consider an education savings plan.
When you leave a job, you may want to roll your 401(k) into an IRA or to a new employer’s plan, if the plan allows such transfers. Before taking action, consult with your tax advisor.
You’ll encounter many important events on the road of life. By making the right financial moves along the way, you can make the journey more pleasant.
Contact Wendell at Edward Jones www.edwardjones.com.