Apr 21, 2022
Summary:
The markets haven’t been doing great; how do we know when it’s the
right time to exit? I have Anthony Saccaro on the show to talk
about some of the latest happenings in the economy, and how to
guage the proper time to leave the market based on your personal
circumstances. Inflation may or may not be at its peak, but
regardless, it’s important to put yourself in a situation where you
minimize your debt and have a steady cash flow. Tune in for more
insight.
Highlights:
-Markets aren’t doing so great; is it time to exit? It ultimately
depends on what stage of life you’re in
-If you’re within 4,5, or 10 years of retirement, it’s probably
time to start taking some of your chips off the table
-Stocks are almost at record highs, with a potential recession
looming
-You want to be in a position where you’re debt free and have the
cash flow to do what you want—regardless of what the national
inflation rate is
-Focus on the dividend and interest, because that’s what you can
count on