Ask Terry Questions Senior retirement assets

Senior retirement assets

By Terry Savage on September 17, 2024 | Chicken Money

Terry,with this controversial pres,election coming soon ,how do we keep our IRA and other investments safe?

Terry Says

No one knows how the stock market will react to a close election, to an election that is not immediately decisive, or to one in which either candidate wins. So it is your job to keep a portion of your investments in “chicken money” — bank CDs, or money market funds, or T-bills. No matter who wins, it will not be the “end of America” so you definitely need to keep some stock investments. But if the market reacts negatively, it will be comforting to know that you can ride it out with some money that isn’t at risk!

Recent Chicken Money Questions

money

ASK TERRY

a personal
finance question