Can you afford it?
The stock market is on new highs. With Dow Jones Exceeded 20,000 in January. Posted a 300-point jump, Closing 21,000 on Wednesday March 1st. Each gain coming one at a time. The stock market volatility has been on a decline. CBOE Volatility index “Investor Fear Index” Showed investor concerns on the decline.
No matter the fluctuation in the market, many still worry about their investments. What’s next? Do you have too much or any money in other risky market-based investments?
When being close to retirement this brings up an important question. Is it time to move into a safer strategy? No one ever really knows where the market is heading, while historical data may not be as helpful, it can serve up indicators.
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