October 2021 Archives:
Market volatility represents the natural ebb and flow of an investment’s worth. Over time, solid investments increase in value. However, it’s usually not a steady uphill climb. Some analysts describe the phenomenon as a yo-yo on an upgoing escalator. Due to market forces, a good investment’s worth can dip temporarily, sometimes for prolonged periods of time. In other instances, its value can rise drastically in a short timeframe. The broader market often undergoes similar fluctuations, or periods of volatility.
When turning fifty, many of us turn inward and ponder an impossible wish: If only we'd known the importance of stashing away a little bit more of our salary for the past 30 years. Not much at all, really. An extra percent each year would have yielded a sizable, perhaps even enviable, nest egg on which we could confidently support ourselves well past the age of retirement and into our golden years.
For generations, personal finance largely remained a man's responsibility. Society, however, has undergone radical shifts over the past fifty years. As it turns out, financial planning is as much a woman’s issue as it is a man's.