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Here's What We Think

5 Tips to Managing Your Money During the COVID-19 Pandemic Thumbnail

5 Tips to Managing Your Money During the COVID-19 Pandemic

As COVID-19 continues to spread and New York City continues to be on pause, everyone is adjusting to new lifestyles in an effort to curb the spread. While there are many factors of this pandemic we cannot control, we must continue to create new routines and habits to remain physically and psychologically healthy. Below are just a few of the actions we can take.

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Short Term Volatility or Long Term Risk: Which do You want? (It is the only question that matters right now) Thumbnail

Short Term Volatility or Long Term Risk: Which do You want? (It is the only question that matters right now)

Understanding the difference between volatility and risk is the single most important idea for us young people to understand as the stock market (and the economy) are going crazy all around us. The market right now is EXTREMELY volatile...I'm speaking with clients all day and believe me, it's scary out there. We all just need to hold onto one truth: market volatility is normal and so are market corrections! Understanding that nothing has changed for you as a long term investor will give you the fortitude and the faith to keep holding on...which is the single best decision you can make for your financial future right now.

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