Apr 21, 2022
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.
-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