My company will occasionally offer financial webinars. This is another webinar about finances. This one was provided by Met Life. I listened to this in-between calls so any misinformation is the fault of the note taker.

• rule of 25 * Estimable your current financial needs and multiple by 25%
• Average bonds today is 6%
• In an average year, stocks will move up or down by 1% about 40 % of trading days.
• ETFs: some may invest in stocks groups of areas that might be making money now like cyber security or energy.
• What are your risk profiles?
• How should you split your investments? may depend upon market risk comfort. It is recommended you should fill out a risk tolerance questionnaire.
• Should have types of finances.  conservative, emergency fund, and an opportunity fund.
• Need to have money earmarked for later in life, 60s, 70s, 80s, and 90s.
• We may have 20 years to have our money work for us if we retire at 65.
• Tax-deferred is our 401 K.
• People tend to buy when things feel good> and institutions respond differently. they buy when it feels like the sky is falling.
• Want to feed 401 before paying a mortgage and pay brokerage account before a family vacation.
• Create a retirement budget? increase travel, health issues, and no work income.
• Make sure you are diversified. Don’t let market turmoil scare you.