Premarket trading hit the circuit breakers, meaning that stocks were already down 5%, just minutes after the Federal Reserve Board concluded an emergency meeting and published their actions. The FOMC cut interest rates to zero on Sunday, March 15, 2020 at 5 p.m. ET, and took a number of steps to provide liquidity to the global and domestic credit markets. The chatter from all of my friends on Wall Street was alarming overnight, as texts flew back and forth past midnight, and again as early as 4 am this morning. As you know, I’ve been warning about this for a while. And I also warned you that if you waited for the headlines, it would be too late to protect yourself. The global economic squeeze that we are currently experiencing was triggered by the coronavirus. However, it is amplified by the asset bubbles and leverage. Things are far from over. It is still a very good idea to adopt the Nest Egg Pie Chart® and Thrive Budget® strategies. See below for a few tips on how to do this. Teleconferences. Yes, we will have a teleconference or video conference this week. It will either be on Tuesday or Thursday. I will keep you posted on this blog. So just come back to NataliePace.com/blog frequently over the next 24 hours for updates. I will not be emailing you with each update. However, I will be providing ongoing information in this blog and on my page in the Twitter feed. What should you do? Panic is not a plan. Market timing doesn’t work. Buy and Hope is a last century strategy that doesn’t work in the 21st Century. You can access Web Apps to personalize your own sample Nest Egg Pie Chart® and Thrive Budget® by going to the home page at Natalie Pace.com and clicking on the free Web app badge. Knowing what a time-proven strategy looks like is a very good start. If you are having difficulty understanding what you currently own, or how to make what you have look like the sample, then consider getting a 2nd opinion. Call 310-430-2397 or email [email protected] for pricing and information. The nest egg and budget strategies will make more sense if you have read The ABCs of Money. I will be posting the 3rd edition as soon as I can over the next few days. The 2nd edition is pretty up-to-date, as it was published in 2018. However, the 3rd edition will include coronavirus information. The world has changed a lot in two years. Again, I will have updates. I am here to help you navigate. There are so many people in need of help, who didn’t prepare properly beforehand, that we may need to host a few video conferences/mini retreats. I’ll keep you posted here, in this blog, about those as well. I strongly encourage you to share the free Nest Egg Pie Chart® and Thrive Budget® web apps with your friends. If you are interested in learning more, I have done quite a few blogs over the past few months. Scroll through the list below, and you are likely to find something that you desire to read. “Riding it out” is not a time-proven plan. Buy and Hold has been losing more than half in the last two corrections. Proper diversification with annual rebalancing protects you from downturns and allows you to profit from bull markets and strength (instead of praying and hoping to gain back the losses you endured by riding it out). In today’s world you have to know what is safe because there are a lot of historically safe products that are vulnerable to capital loss this time around. Consider getting a second opinion on your current plan now. Call 310-430-2397 or email info @ NataliePace.com to learn more. Other Blogs of Interest Price Matters. Stock Prices are Still Too High. Should You Ride Things Out? 7 Recession Indicators Corona Virus Update. The Bank Bail-in Plan on Your Dime. NASDAQ is Up 6X. CoronaVirus: Which Companies and Countries Will be Most Impacted. Is Tesla Worth GM and Ford Combined. Artificial Intelligence is on Fire. Is it Time to Buy S'More? Take the Retirement Challenge. 2020 Investor IQ Test. Answers to the 2020 Investor IQ Test. Win a Seat at a Retreat The Cannabis Capital Crunch and Stock Meltdown. Does Your Commute Pollute More Than Planes? Are Health Care Costs Killing Your Budget? 2020 Crystal Ball. The Benefits of Living Green. Featuring H.R.H. The Prince of Wales' Twin Eco Communities. What Love, Time and Charity Have to do with our Commonwealth. Interview with MacArthur Genius Award Winner Kevin Murphy. Unicorns Yesterday. Fairy Tales Today. IPO Losses Top $100 Billion. Counting Blessings on Thanksgiving. Real Estate Prices Decline. Hong Kong Slides into a Recession. China Slows. They Trusted Him. Now He Doesn't Return Phone Calls. Beyond Meat's Shares Dive 67% in 2 Months. Price Matters. Will There be a Santa Rally? It's Up to Apple. Will JP Morgan Implode on Fairy Tales and Unicorns. Harness Your Emotions for Successful Investing. What the Ford Downgrade Means for Main Street. The Dow Dropped Over 1000 Points Tesla's 3Q 2019 Deliveries Could Hit 100,000. Do We Talk Ourselves into Recessions? Interview with Nobel Prize Winning Economist Robert J. Shiller. The Winners and Loser of a Clean Energy Policy. Make the Climate Strike Personal. Ford is Downgraded to Junk. From Buried Alive in Bill to Buying Your Own Island. The Manufacturing Recession. An Interview with Liz Ann Sonders. Gold Mining ETFs Have Doubled. The Gold Bull Market Has Begun. The We Work IPO. The Highs and Hangovers of Investing in Cannabis. Recession Proof Your Life. China Takes a Bite Out of Apple Sales. Will the Dow Hit 30,000? A Check Up on the Economy Red Flags in the Boeing 2Q 2019 Earnings Report The Weakening Economy. Think Capture Gains, Not Stop Losses. Buy and Hold Works. Right? Wall Street Secrets Your Broker Isn't Telling You. Unaffordability: The Unspoken Housing Crisis in America. Are You Being Pressured to Buy a Home or Stocks? What's Your Exit Strategy? Will the Feds Lower Interest Rates on June 19, 2019? Should You Buy Tesla at a 2 1/2 Year Low? It's Time To Do Your Annual Rebalancing. Cannabis Crashes. Should You Get High Again? Are You Suffering From Buy High, Sell Low Mentality? Financial Engineering is Not Real Growth The Zoom IPO. 10 Rally Killers. Fix the Roof While the Sun is Shining. Uber vs. Lyft. Which IPO Will Drive Returns? Boeing Cuts 737 Production by 20%. Tesla Delivery Data Disappoints. Stock Tanks. Why Did Wells Fargo's CEO Get the Boot? Earth Gratitude This Earth Day. Real Estate is Back to an All-Time High. Is the Spring Rally Over? The Lyft IPO Hits Wall Street. Should you take a ride? Cannabis Doubles. Did you miss the party? 12 Investing Mistakes Drowning in Debt? Get Solutions. What's Hot in 2019? The Debt Ceiling Was Hit (Again) on March 1, 2019. How Bad Will the GDP Report Be? 2019 Investor IQ Test The State of the Union CBD Oil for Sale. The High Cost of Free Advice. Apple's Real Problem in China: Huawei. 2019 Crystal Ball. 2018 is the Worst December Ever. Will the Feds Raise Interest Rates? Should They? Learn what you're not being told in the MSM. Why FANG, Banks and Your Value Funds Are in Trouble. When the Santa Rally is a Loser, the Next Year is a Bigger Loser. Russia Dumps Treasuries and Buys Gold OPEC and Russia Cut Oil Production. Important Disclaimers Please note: Natalie Pace does not act or operate like a broker. She reports on financial news, and is one of the most trusted sources of financial literacy, education and forensic analysis in the world. Natalie Pace educates and informs individual investors to give investors a competitive edge in their personal decision-making. Any publicly traded companies or funds mentioned by Natalie Pace are not intended to be buy or sell recommendations. ALWAYS do your research and consult an experienced, reputable financial professional before buying or selling any security, and consider your long-term goals and strategies. Investors should NOT be all in on any asset class or individual stocks. Your retirement plan should reflect a diversified strategy, which has been designed with the assistance of a financial professional who is familiar with your goals, risk tolerance, tax needs and more. The "trading" portion of your portfolio should be a very small part of your investment strategy, and the amount of money you invest into individual companies should never be greater than your experience, wisdom, knowledge and patience. Information has been obtained from sources believed to be reliable however NataliePace.com does not warrant its completeness or accuracy. Opinions constitute our judgment as of the date of this publication and are subject to change without notice. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors. 21/2/2021 03:20:22 am
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AuthorNatalie Pace is the co-creator of the Earth Gratitude Project and the author of The Power of 8 Billion: It's Up to Us, The ABCs of Money, The ABCs of Money for College, The Gratitude Game and Put Your Money Where Your Heart Is. She is a repeat guest & speaker on national news shows and stages. She has been ranked the No. 1 stock picker, above over 830 A-list pundits, by an independent tracking agency, and has been saving homes and nest eggs since 1999. Archives
September 2024
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