Our current economic situation is ugly, to say the least. Interest rates have been skyrocketing, and the price of virtually all goods and services are surging. Meanwhile, the Federal Reserve is continuing its unsuccessful attempts to slow down inflation, which is currently at the highest levels we have seen since the 1970s.
So how are you supposed to deal with all of this economic turmoil? Host Lou Scatigna, CFP® offers some insight in this segment from The Financial Physician.
Your financial advisor is like your doctor. You better have the right one, or you are going to be in trouble.