Bottom Line Inc: “Are Financial Markets Safe?”

Bottom Line Inc, July 15, 2021 — In today’s issue of Bottom Line Inc., reporters explain: “Day traders and hedge funds bid up dubious investments to astronomical levels. Online brokerage firms have turned the act of investing into a high-stakes, multiplayer game rather than a sensible way to grow your nest egg. All this recent turmoil has tempted some investors to join the hunt for big returns. Others feel the markets are rigged and want to sell everything, wondering if they can ever trust the markets again. Many feel overwhelmed and don’t want to even look at their 401(k) statements.”

Bottom Line Personal spoke to a panel of five top financial advisers and experts from around the US — including Marguerita Cheng, CFP® Pro. Scroll down for her insights. And click here to read the entire article.

Rita shares: Take small bites. I know investors who got out at the bottom of the bear market in 2020 and then couldn’t decide when to get back in, missing the entire rally the rest of the year. When you reach this level of paralysis, making small, automatic, and regular moves usually is the right solution to get unstuck. Add or remove a set amount of stock each month from your portfolio for the next six months to a year. After that period, you can reevaluate.