Investing in choppy markets, especially with an unpredictable president at the helm, can be distressing. It can be even more so if you are relying on these investments to pay for something as important as your child’s college tuition, and you need the money in the foreseeable future.
Plenty of busy parents found themselves in this position last week, reminded by the recent market plunge that college enrollment was creeping up on them, and some may not have dialed back their risky stock positions, or at least not enough.
But situations like this serve as another reminder: Market uncertainty is a constant, and yet it is part of the game we are forced to play to finance our future selves’ needs and wants. Markets periodically plunge because of global financial crises, pandemics, technology bubbles, and when the president of the United States seemingly pushes it over the edge with his…