economicuncertainty
In the past year, economists have repeatedly predicted a recession in the U.S. The economy, however, has proven to be extremely resilient. Despite sometimes being shaky, the economy has repeatedly defied predictions of a downturn. As a result, economists continue to delay the onset of a recession. However, Wolters Kluwer Blue Chip Economic Indicators say there’s a 61% chance of a mild recession this year. So, are we in a recession or not? According to Dave Meltzer, Co-Founder of Sports 1 Marketing and best-selling author, no matter what you call the current economic climate, it’s irrelevant. I...
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In a time of economic uncertainty and fluctuating stock markets, people often ask me how to handle their 401(k)s. As you know, we are living in crazy times and continue to live in crazy times. As a result, this question is relevant for many people right now who are investing in their 401(k)s. However, there are 8 things you shouldn’t do with your 401(k) — despite the crazy times we are living in. 1. Not habitually contributing to your 401(k).Insufficient contributions, inconsistent contributions, and failure to increase your contributions in line with salary increases will all come back to hau...
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