Fear of investing # 1
July 24, 2017
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M I was dismayed recently to discover that someone I care about is looking at a financial future without enough resources. With the stock market crash in 2008 their portfolio was halved. In fear they withdrew to a money market. No portfolio growth
V Investments in equities, whether stocks have risks and volatility. Yet historically the markets have grown year over year, with down years offset by growth years. A good financial advisor can point you to more conservative options that still grow.
M The parable of the talents in Matthew 25 encourages us to multiply what we have. Fear of loss yielding no return is not rewarded.