What Fitch’s U.S. Debt Downgrade Means for Investors
With investing, as in life, it’s important to know not just what to worry about, but when to do so. The national debt is rightfully a source of investor worry, but this has been the case for decades. As citizens and taxpayers, there are important ways to voice and act on these concerns. As investors, however, focusing too much on these issues, especially at the wrong times, can lead to poor financial and investment decisions in the worst case and unnecessary anxiety in the best case. Understanding how these issues impact a properly constructed portfolio that meets the needs of a long-term financial plan is what’s more important.
We hope you enjoy this installment of Timonier’s “From the Engine Room”.
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