Talk of The Villages Florida - View Single Post - Is the market going to crash?
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Old 06-11-2021, 09:07 AM
juddfl juddfl is online now
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Are you in high risk? Invest in a low to medium risk. Especially if you are an older senior citizen. Make sure you diversify. In other words invest your money in multiple stocks. If one goes down, another might go up. Also have bonds and cash. The most important thing for me is to have is, "Stops", put in. This way if one of your accounts starts to lose too much money, it will kick in and be sold and put into cash before you lose it all. It stops by what percentage you have set up. I use Gary Edwards at Wells Fargo. His number is 352-259-3000. He made it very easy for me to understand how my money was invested. Make an appointment to just talk to him. You don't have to invest with them.