Do you know how 401k matching works? You want 50% or 100% returns? It’s easier than you think, if you know how to work the job benefits properly. Unsure how this all works? Read.
What is Big Earnings Week?
Ever heard of Microsoft, Intel, Twitter, IBM, Tesla, Coca-Cola, Verizon, American Express, and Travelers?
Well, they all report earnings this week for the prior quarter. It’s important because massive moves in the stock market generally happen when companies either beat, or miss what economics and analysts expect them to be. As an example, Netflix reported earnings on Friday that were disappointing, and the stock lost over 6.5% on the day.
This many large companies reporting in such a short time frame can cause the entire market to move significantly. This is why setting up your investment portfolio properly is so important, especially in this economic environment with so many unemployed.
What This Means For You?
If your portfolio was 100% Netflix, you had a really bad day Friday. But if it was only 5% Netflix, you might not have noticed, that is called diversification in your portfolio. This is why we preach long term investing with a diversified portfolio.
Make sure you have your portfolio covered by proven scientific methods, and sign up today and have your call with your planner.
Click Get Started to learn more.