Will North Korea Affect Your Retirement Dollars? Take Our Risk Survey and Find Out!
Wall Street is working overtime to make sure you feel comfortable with the stock market. Wall Street is convinced that this is just saber rattling between two very strong personalities - a President and a Dictator. I would argue that this situation is one we have not seen in a while. We actually have a President that will not hesitate to start a war. What are the odds of Kim Jong Un firing a missile at the island of Guam? What are the possibilities of a miscalculation and the missile landing very uncomfortably close? The bigger question is that Kim Jong Un knows that President Trump will act if North Korea crosses the line. Doesn't it concern him that the United States could wipe North Korea off of the map without putting one set of boots on the ground? It makes you wonder. What is going to happen that we are not expecting as we watch the Island of Guam? How bold of a dictator is he that he actually thinks he can go toe to toe with the greatest military in the world? Yes, this is a risk regardless of what Wall Street says.
Regardless of what is going on with North Korea we live in an environment where a great deal of risk exists. As investors, we walk through a political land mind every day wondering when one is going to detonate. There is also the challenge of knowing what is going to rattle Wall Street and what will Wall Street chose to ignore? That is just the wonderful world of investing and what we have to deal with as we try to grow money. The bottom line is that you need to be comfortable with the amount of risk you are taking.
As part of the Modern Day Steward Movement, we have rolled out many resources for the readers of this site and the listeners of the Prudent Money Radio Show. I wanted to make sure you are aware of them.
1) Risk Survey - Take our risk survey and find out your Prudent Money DNA. Fill out our simple questionnaire and we will send you a written analysis of how you are wired. With this information, you can make better decisions with your investments.
2) One on One Resource - I felt led to add to the line-up of resources 3 hours a week of free phone consultations. You are welcome to email Judy@prudentmoney.com and get on my schedule. One of the biggest challenges today is the lack resources and avenues to get advice. We are correcting that. Depending on the demand, I will increase and add more time if needed.
3) Prudent Money Financial Services - If you are in need of a financial advisor, set up some time with me to talk through your situation. Let's have an initial phone call. Our office number is 972-386-0384. As a client, we can take you through our life planning process. It is included with the management of your retirement dollars.
North Korea might turn out to be nothing. Keep in mind, that it isn't the only significant landmine out there. It is time for investors to be in line with their risk levels once and for all. Take advantage of the above resources and sleep a little bit better at night.
Photo credit: CNN, Trump vs. Kim