Jill on Money with Jill Schlesinger Investment Anxiety Entering 2025
Jan 17, 2025
Explore the lingering anxiety around investments as we head into 2025. Discover strategies for navigating market volatility, especially for those invested in the S&P 500. Learn about the significance of maintaining an emergency fund and the dangers of market timing. The discussion also highlights the challenges of real estate investing, complemented by an introduction to a managed portfolio solution. Plus, get a glimpse into new TV shows while diving deep into the world of finance.
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Handling Market Volatility
- Evaluate your risk tolerance by considering how market drops make you feel.
- If you can't handle potential future drops, reallocate your portfolio, regardless of your time horizon.
Managing Financial Anxiety
- Pay down consumer loan debt and build a 6-12 month emergency fund.
- Maximize your retirement plan contributions to feel more in control amidst uncertainty.
Emergency Funds and Market Timing
- Maintain a 6-12 month emergency fund in a high-yield savings account.
- Avoid market timing and prioritize building a solid financial foundation.
