US stock prices peaked in late January 2018 after a steady 15-month advance. Since then, economic news has been very positive-growth is solid, unemployment is low and inflation is tame. Why have stock prices not reflected these good times for the last nine months?
Ever ridden in a car with worn-out shock absorbers? Every bump is jarring, every corner stomach-churning, and every red light an excuse to assume the brace position. Owning an undiversified portfolio can trigger similar reactions.
Sometimes it's good to take a step back and look at your financial life from a simple perspective. Imagine you were just beginning adulthood. Follow these guidelines and you will stack the odds in your favor for a successful financial life.