The emotion of fear is at heightened levels. Just look at the panic buying at grocery stores and the panic selling in the stock market. Emotional decisions based on fear have usually proven to be the wrong decisions twelve months later.
President Trump signed new legislation into law at the end of 2019 for the new Setting Every Community Up for Retirement Enhancement (Secure) Act, starting in 2020. Here is what it means if you have an IRA.
On November 26, it was announced the Dow set its 100th record high under the Trump administration leadership. News like this helps fuel the excitement about gains made in the stock market and anticipated gains in the future. With investments climbing higher and higher, it is easy to get caught up in the emotion called the fear of missing out.
