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BobMWCoach

January 24th

Thanks for your question. Become educated about your investments; work with a professional financial fiduciary to develop a long term plan appropriate to your age, goals, and risk tolerance; only check your accounts quarterly; and pray for guidance and wisdom.
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Jim

January 24th

Follow a mechanical strategy such as Sound Mind Investing where you only look at it monthly, and ignore the rest of the time
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bparme

January 26th

Working with an advisor according to a Vanguard survey is worth better than 1.5% yearly return because they know you , your goals , they meet with you regularly , they help you mitigate taxes and help manage your emotions in good and bad markets. CKA advisor is the way for Christian investors looking for Advice and Planning and especially solid faith based investing . You can google the results ( vanguard , putting a value on your value) Hope it help , Bruce Parmenter
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jlsteelmancpa@gmail.com

January 26th

I recently gave a non-Christian friend of mine this advice: the stock market has historically out performed inflation and will, most likely do so in the future; however, when you realize that God owns it all (1 Chronicles 29:11-12), and He cares for you (1Peter 5:6-7), it puts an entirely different perspective on the anxiety caused by the Dow Jones Industrial Average.
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JasonR

January 27th

I don't look, except once a year to do a Net Worth Summary Statement. Once a year I set my work-place retirement (early Dec) and personal Roth IRA (Jan 1st) on autopilot. I download my statements quarterly, but don't look at the details. If you don't look, you worry less. Ultimately, God is our provider. I invest in broad index funds (total market, S&P 500, total International) and follow the principal of being well diversified. I recommend reviewing Ecclesiastes 11:1-4 on this matter, and I prefer it in the ESV translation. https://www.biblegateway.com/passage/?search=Ecclesiastes+11%3A1-4&version=ESV
JasonR

January 27th

I should add: don't "Day Trade" or try to "Time the Market". Just have a budget and part of that budget some be how much you are investing with each paycheck. Once you know how much you are to invest with each paycheck, set that to be withdrawn and invested automatically the day after payday. Vanguard and Fidelity both support this with their personal accounts (and I'm sure Schwab does as well). For us, the math is simple: we take the max we can contribute to each retirement account and divide it by the amount of paychecks in the year, and this way we are Dollar Cost Averaging our investments evenly throughout the year (it also helps to keep the budget consistent).
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