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How Should You Prepare for the Economic Fallout of COVID-19?
By ValueChampion  •  March 17, 2020
COVID-19 has caused financial markets to tank and slowed economic growth around the world. Some economists are predicting recessions across major economies. These can be scary times for everyday consumers. In this article we highlight some key financial tips for those that are concerned about the economic uncertainty. When It Comes to Retirement Investments, Think Long-Term It can be scary to watch your portfolio's value fall significantly during times of market unrest. However, unless you are planning to retire very soon, there is no reason to panic. Historically, while periods of volatility are not uncommon, stock markets have traditionally shown strong growth in the long-term. This is especially relevant for those that invest in funds with retirement target dates. If you are the type to invest in individual stocks and bonds on your own, it is important to maintain some level of diversification in order to blunt the impact...
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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