For the average investor, the last few weeks have been particularly brutal…
The market is bleeding red… Inflation is the highest it’s been since 1982… And an impending rate hike by the Fed has created even more volatility.
Major indexes like the S&P 500 and Nasdaq are down 9.2% and 15.6%, respectively, from their all-time highs… Meanwhile, bitcoin and Ethereum have fallen 20.9% and 23.4%, respectively, in just the last week.
And it’s not just our portfolios that are feeling the pain…
The long bout of inflation has been stretching workers too thin, with only 1 of 6 believing they received a 2021 pay raise that’s allowed them to “keep up with inflation.”
For many, it’s hard to imagine relief amidst these downward trends.
So, this week, we shared our best strategies for facing these pullbacks head-on… and shoring up your portfolio for any future bumps in the road.
Because with the right planning, you can not only protect yourself against volatility and inflation… you can profit, too.
Remember, the market may look scary in the short term… but it always comes back to hit new highs over the long term.
The strategies we outlined this week will position you to profit when it does…
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Regards,
Chaka Ferguson
Editorial Director, Palm Beach Daily