One thing’s for sure. The stock market’s been anything but boring the past few months. Dramatic ups and downs had investors on the edge of their seats if not running for the exits. How much longer can the bull market hang on? Is the big bad bear just around the corner? Is the big bad bear just around the corner? No one knows for sure but Mark Biller of Sound Mind Investing can at least tell us where we are now and that’s a good start.
Rob touches on these questions and topics with Mark:
- Mark has an article in the latest Sound Mind Investing newsletter titled, “After the January Rebound, What’s the Market’s Current Status?” and we hit some of the high points as Mark recaps of the last few months.
- December 2018 was one of the worst months and January one of the best performance months - all to emphasize the point that one should not try to time the market.
- Setting aside the specifics of what the market is doing right now, what are the things you were concerned about as you wrote this article?
- If we're 10 years into a bull market and high valuations equal high risks, what does that mean to the average investor?
Then, Rob and Steve answer these questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:
- If you can afford to pay a house with cash but you could also pay the mortgage with proceeds from an RMD, should you opt for cash or go in debt?
- In the article you write that there’s more than one way for the market to go flat like that. What do you mean?
- If you wish to teach your daughter about investing, where should you start?
- If you're 67, have a small amount in a 401(k) and were told it would cost $100 to roll money out, does that sound correct?
- If you wish to educate your young children about the use of money, what are some creative ways to kindle their interest?
- Are there any resources on the best way to provide for your family from a biblical standpoint?
- If you've been paying for an extended warranty on a car and have been unsuccessful in your attempts to cancel it, what should you do?
- If you have about $38,000 left on a mortgage but also have a truck and camper that are worth as much as the balance on the mortgage, should you sell those items to pay off the mortgage?
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