How to Navigate the Volatile Market, Ep #87

<p>Does the volatile stock market make you uneasy? It’s easy to lose sight of the purpose of your investments when you’re reading the latest headlines or watching the news—especially with what’s happening with Russia and Ukraine. The market seems to be plunging in response. I <em>understand</em> why this makes you uneasy. That’s why in this episode of Retirement Made Easy I help you decide what to do with your retirement portfolio. </p> <h2>You will want to hear this episode if you are interested in...</h2> <ul> <li>[0:56] The fundamentals of golf</li> <li>[4:24] How to get a FREE retirement assessment</li> <li>[5:25] What’s causing the volatility in the market?</li> <li>[9:34] It’s time to reevaluate your risk profile</li> <li>[11:58] Sometimes patience is the answer</li> <li>[13:39] Should you change your investment strategy?</li> <li>[15:53] A working portfolio versus retired portfolio</li> <li>[16:56] Panic is NEVER the answer</li> </ul> <h2>What’s causing the volatility in the market?</h2> <p>2022 is starting off very volatile. We’re seeing headlines like, “The Market Plunges 800 Points” or “The Market Soars 300 Points.” We’re seeing high inflation. We’re seeing “Now hiring” signs everywhere we look. Millions of jobs are going unfilled. During COVID, 3 million women across the US decided to exit the workforce to be stay-at-home moms because finding consistent childcare was difficult if not impossible. </p> <p>The supply chain is a mess. People are ordering furniture that they won't see for nine months to a year. Trucking and shipping companies are offering large sign-on bonuses and still can't get enough people to work. Gas prices are soaring. Even worse, the crisis between Ukraine and Russia is also creating volatility. The Fed is going to raise interest rates four times in 2022 (after an expectation of 2–3 times) to decrease inflation. These are the many factors leading to the volatility in the market. </p> <h2>It’s time to reevaluate your risk profile</h2> <p>Since we don’t know when the market volatility