The market has been driven by coronavirus and trade issues lately. Stocks trade based on future cash flow, so ignore the short term and invest for the long run.

Yesterday, White House trade advisor Peter Navarro made it sound like trade deal talks were over, then later claimed his words were taken out of context. Stock market futures proceeded to tumble more than 400 points, but as of this morning, futures are positive for the day. That’s how volatile these things can be. Everything eventually boils down to whether companies are selling more goods or services since stocks trade based on future cash flows. Ignore the short term and invest for the long run. Other topics include:

• Covid resurgence
• Educating yourself on indexes
• An inaccurate Fidelity report
• Born in 1960? You may have a tougher time with social security in retirement
• Focusing on your health going into retirement

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.