We can thank President Trump for unleashing the animal spirits that have been key to this economic resurgence: Business Owners of America Unite! And we may be seeing just the beginning of the economic growth to come.
But, from an investment standpoint, especially for those in or near retirement, it continues to be a sticky situation. Do you put more money into a bull market that is long in the tooth only to have it ripped in two with a nasty correction? Or, do you take the high road and suffer along with two percent rates, gritting your teeth, as your nephew talks about cryptos?
Continue to err on the safe side. A good economy is one thing. Knowing when the bull will turn is another.
