CARES ACT
What’s inside the $2 trillion CARES Act? What’s in it for me?
What’s inside the $2 trillion CARES Act? What’s in it for me?
It is officially gut check time.
So, I’d like to tell you a story about two investors who lived through a bear market and how their decisions during the correction affected their lives ever after.
The pandemic is here and we’ve found ourselves in bear country without enough toilet paper.
When markets fall as rapidly as they have over the last few weeks and the country is going into lockdown, it’s reasonable to be worried about a situation that seems unprecedented.
Do you know why bear markets happen?
Or what you should do during them?
It’s easy to lose focus in the chaos of a bear market. In fact, behavioral economists say we’re primed to look for the negatives after a market downturn.
When that happens, we tend to seek out more negative information. When we find it, we start to feel threatened. It’s human nature.1
You know what can help?
What should you look for in a spouse? Someone who is good looking with a great sense of humor, of course, as well as someone with your shared hobbies and interests. But should you also marry for money and look for a spouse with a great bank account balance? Maybe a well-educated doctor or lawyer even? Not exactly, but you should consider money when considering a spouse.