Investing in a time of high tariffs

Tariffs could go away. Or they could stay. They are not part of the Constitution. They could be removed by the President at any time, or by the next President.

It makes making investment decisions difficult.

✅ Base your next move on your personal finance needs, not what you or someone else thinks could happen next.

👉 If you're a long term investor, with many years ahead of you before you need to convert your investments into cash to pay your living expenses, hang on for the ride.

It'll be a bumpy ride. I've seen my share of bumpy rides. The stock market has always recovered.

👉 If you are getting close to needing to convert your investments into cash, you should already be on the glide path to lowering your allocation to the stock market and increasing your allocation to stable investments, like cash, money markets, and bonds.

👉 While you have no control over economic policy out of Washington, you have control over your personal finance.

⏳ Better said in this 40 second video.
#tariffs #TradeWar #inflation #recession #Personalfinance