GoBankingRates: It’s Not Too Late to Start Investing – Take These Next Steps

Published in GoBankingRates on January 5, 2023

Don’t Ignore Equities (Stocks)

David Fowler, CFP®, ChFC® and founder of High Mountain Financial Coaching, said a lot of times people will dial back or completely eliminate their exposure to equities, or stocks, because they are afraid of losing money in stock market downturns.

“The problem with ignoring equities and loading up on fixed income, like government securities, is the equity component over time will have a higher expected return which will help you to keep ahead of inflation,” said Fowler.

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