03-19-2020, 09:06 PM
(03-16-2020, 08:58 PM)Langdude Wrote: Hello all.
I asked this question in the big thread, but it got buried, or people lost interest, but I thought I'd raise it again.
I am concerned not only about the effect of the coronavirus pandemic on the economy as a whole, but, selfishly, on the effects of the market on my family's meager savings, including our IRA. We are not wealthy; I am a college professor (think regional median household income), and my wife is a hospital chaplain (which makes next to nothing; quite a taxing job at the moment). So I am concerned.
I know that many of you either work in the financial sector, or just know a lot about it. I'd love it if you could address one or more of the following:
Feel free to PM me if that would be better than the thread.
- Is there anything ultra-urgent that I should know or be doing with our money in light of the situation in which we find ourselves?
- Is there anything important, but perhaps not as urgent, that I should know or do in light of the current situation?
- Are there any good and basic resources to help me learn about the market, finance, etc. I think I am coming to see that these are good things for me to know more about, and perhaps on the other side of this, I can be more intentional about our investments.
Thanks, friends.
-m.
My advice... become a senator.
BC
