Barbara Steinmetz
Barbara Steinmetz
dealing decision difficult financial goals
It's difficult to make any financial decision when you're dealing with goals that are not quantified.
economy facing job volatility wipe
The economy has changed. We're going to be facing more volatility in the job arena. That can wipe you out in a heartbeat.
houses reason reevaluate
There's a reason why houses don't sell. (You need to) reevaluate what you're selling.
fire fuel
You still have to fuel the fire through saving. You have to keep contributing to your IRA.
call means paying putting
I like to call it paying yourself first. It means putting yourself as a priority.
goals home horizon invested longer market mind present problems purchase rule stock thumb time volatility
One rule of thumb to keep in mind is that any monies for short-term goals such as this home purchase should not be invested in the stock market. Market volatility could present problems if you do not have a longer time horizon for such investments.
exposure great greater guarantee mind risk
It is important to keep in mind that great risk exposure does not automatically guarantee greater rewards.
happen
Back in the 1990s, we had an anomaly. It's not going to happen again.
emergency needs retirement save
The first tenet is an emergency fund. Even before you save for retirement that needs to be put in place.
key mind taking thinking ups
The key to keep in mind with IRAs is you're taking a long-term horizon. You've got to go in thinking there's going to be ups and there's going to be downs.
concentration excellent means stock type
This type of concentration means you have to be an excellent stock picker, something that many professionals wouldn't try.