On this podcast of Ask Suze & KT Anything, Suze answers questions from listeners about rolling over 401Ks, beneficiaries, scholarships, early withdrawal penalties and so much more!
Suze starts this podcast with a recap of what happened in the stock market last week. Then, we get a lesson on why it’s so important to stay the course with our investments.
You know I am all for investing money you won’t need for decades in low-cost stock index mutual funds or exchange-traded funds.
I want you to understand there is a big shift going on in our economy. I know you are well aware that interest rates have been very low ever since the financial crisis. But that’s changing. The Federal Reserve, which has control of a key interest rate-called the Federal Funds rate-has recently decided that it no longer needs to keep that rate so low because the economy is showing signs of solid strength.