With Coronavirus worries creating rapid changes in the markets, your portfolio construction can be the difference between continued growth or difficult losses. The markets will ebb and flow, but the secret to quality investing is not the amount of money in your account, but rather the quality of your portfolio.
How to create an emergency savings fund in wake of COVID-19
Why Do You Need a Will?
According to the global analytics firm Gallup, only about 44% of Americans have created a will. This finding may not surprise you. After all, no one wants to be reminded of their mortality or dwell on what might happen after their death, and writing a last will is seldom on a Millennial or Gen Xer’s to-do list. What may surprise you is that approximately 35% of Americans age 65 or older lack wills.
A Will Is an Instrument of Power.
For the 2019 Summer Staff Outing, our crew at RMR Wealth Advisors put our strategizing and creativity to the test at an escape room. Escape In Time, located on the west side of Madison, is merely a front for a privately funded research company, The Deja Institute. The scientists at The Deja Institute have been working for decades to master travel through time and space. Our particular exploration was called Captain’s Cove. Captain McGinnis committed a sailing taboo when he brought his lover, Rose, aboard his ship.
Regardless of what the market does in the short term, your goals in life don’t go away. All the important goals in life need a well-developed plan. How well are you planning these days?
If an average person like me attempted to sail from, say, New York to Bermuda without any maps or navigational equipment, I most certainly would fail. Yet ships sailing from New York to Bermuda arrive 99.9%+ of the time.