๐Ÿƒโ€โ™€๏ธโ€โžก๏ธ Don't chase


Greetings Reader,

It's Spring Break for us this week and we spent it with our good college friends and their kids at Great Wolf Lodge in Williamsburg and then Colonial Williamsburg.

I've been to Williamsburg a few times (mostly golf trips) and visiting Colonial Williamsburg was a lot of fun. It was amazing to walk through so much history, some of the same buildings are our Founding Fathers.

If you've never been, you should consider it. It's a lot of fun!

โ€‹(View this email as a webpage)โ€‹

๐Ÿ“‰ Don't Chase Investing Fads

Tariffs on. Tariffs off. Markets up. Markets down.

It might be tempting you to start day trading. See if you can get an edge on the markets and make extra money in the volatility.

Chances are you can't and while there's a lot of attention on the markets right now (rightfully so), let's remember that none of this is new. It just feels that way.

โ€‹๐Ÿ‘‰ Don't chase investing fadsโ€‹

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๐Ÿฆบ Where to park your emergency funds

If you're worried about a recession, one of the best things you can do is ensure you have an emergency fund. It can help you navigate problems from a position of strength.

But where should you put it? CDs and high yield savings accounts. Somewhere save and accessible.

โ€‹๐Ÿ‘‰ Best high yield savings accountsโ€‹

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๐Ÿ›’ Why you keep buying stocks before a recession

If you're wondering if you should keep investing even though you're almost certain a recession is coming, there's a chart you have to see. It's actually two charts and both are incredible.

They show how the stock market leads the economy and will often recover before company earnings bottom out.

It reinforces the idea that you should just keep investing.

โ€‹๐Ÿ‘‰ Why would I buy stocks before a recession?โ€‹
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What did you think of today's email?โ€‹
โœ… I Loved It! ๐ŸŸจ It Was Okay โŒ Not My Favoriteโ€‹

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Talk to you soon!

Jim

PS. Deposit $1,000 with TradeUP and you can get a free share of NVDA. (US only though)

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โ€‹(see our archive of previous emails)โ€‹


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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.

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