Personal Finance and Investing

If you have need for liquidity in the next 2-3 years, I hope that you were actively engaged in managing your money before this week...

As a general rule of thumb, any money that may need to access for living expenses or retirement in the short term (2 years or less) does not belong in equities unless you have an abnormal risk tolerance (and really not even then!)...

My time line was once much longer than its becoming, and I just became much more acutely aware of that this week...I am still not ready to pull up equity stakes yet, but if this was in another 4-5 years down the road, I would have been diversifying to minimize volatility a while back...

For those approaching or in retirement, I hope you were adequately prepared and advised before the lunatic took over otherwise, this might have been a very consequential week for many years to follow...