In order to keep safe, we’re all practicing social distancing right now. With your finances, are there some areas that need a little bit of space between them for safety and protection? Let's run through four examples of social distancing in your financial plan.
Read more and get additional resources here: http://petersonfg.com/social-distancing-for-your-finances/
Today's rundown:
1:00 - Which items should social distance from each other in our finances?
1:08 - Leave your emergency fund out of the stock market.
3:33 - Life insurance and investments should not go hand-in-hand.
5:46 - High turnover investment strategies should not be with after-tax brokerage accounts.
7:40 - Your emotions and your investment decisions need some space between them.
