An Unstable Economy

28 Sep An Unstable Economy

Nobody likes not being in control, especially when talking about money. Instability can be one of the most nerve wrecking feelings when dealing with your money, especially in today’s market. The economy today is constantly changing and usually not in a good way, in these confusing times it’s important to stay up to date with these changes and know how to handle them.

The U.S. equity market is trending lower and lower and is actually on track to have the biggest quarterly drop in four years. Well what does this mean exactly? Well considering that since 2011 the U.S. has printed four trillion dollars without any notable positive effect on the economy, nothing good.With the equity market getting worse and worse that can only mean bad things for the individual. Inflation will continue to rise, and obtaining loans for near anything will become harder and harder. Not to mention the fact that this is going to negatively affect the value of private pension funds as well. Not only is the equity market dropping but so is the real estate. Existing home sales dropped an entire 4.8 percent in august alone. Even though this isn’t a tragic blow to the economy, it shows that there is not much to back up the falling stock market. Housing still isn’t falling but with the gains in real estate sales slowing down that could only mean bad things for the near future of our economy. There aren’t many signs supporting any major growth in the near future, things only seem to be getting worse.

At this time is seems very obvious that the economy isn’t going to be able to help you, let alone keep your money safe. Now is not the time to sit back and trust that everything will work itself out, now is the time to take action. But which direction should you take that first step? When dealing with matters as serious as this it is always wise to seek professional assistance. Financial advisors are meant for this exact situation. Financial advisors are there to help you take the steps you need to make sure that you get the most out of your hard earned money. The aid of a financial advisor could help you create an estate plan that can secure your future and money in this unstable economy.