Financial Prescription - Your Path to Recovery

You need to update your financial plan at least annually. The benchmark that you should be following is, am I going to achieve everything I have listed in my financial plan? And the financial plan should be a fluid document that updates and changes itself as your life updates and change itself. Successful investors act; failed investors react. So we are talking in February 2020. We definitely do have a crisis of the day. Again, never react to the markets. You need to tune out the market noise. Long-term, the market is on a continued permanent advance,. sprinkled in with temporary declines and sometimes deep temporary declines.

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