With fewer than 500 words, members can read this blog in less than five minutes. Following and studying the links embedded in the blog could take half a day. How you manage this blog depends on your level of investing knowledge. Your choice!
Monday Morning Millionaire Program members could review yesterday’s blog.
Will it get worse? How long will it last? What should Monday Morning Millionaire Program members do?
Will it get worse? The correct answer to that question is “I don’t know.” We would not know that by reading the financial press. Gurus voice their opinions which we should read for entertainment only. None will help us take action.
How long will it last? Same as above.
What should Monday Morning Millionaire Program members do? Ah! The Monday Morning Millionaire Program has the answers here.
1. Money that we will need in the next 5 years does not belong in the market.
3. We should rebalance to that asset allocation when we see a drop of 5% or so. This percentage is a judgment call and is not an important one. Rebalancing is a winning habit.
Please note that the Monday Morning Millionaire Program contains opinions only. It does not provide any investment advice or endorsements.