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HerMoney with Jean Chatzky

Bonus: Your Portfolio, War, Inflation & More

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Business, Investing

4.71.5K Ratings

🗓️ 5 March 2022

⏱️ 32 minutes

🧾️ Download transcript

Summary

In this special on the stock market and the economy, we discuss what's happening on the world stage, and what it means for your money. We take a look at what you need to know about inflation, covid, the situation in the Ukraine, and a possible recession, as it relates to your portfolio, your 401(k), your IRA, your mortgage, your plans to buy a home, and so much more. With Ben Keys, an economist at Wharton. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an AirWave Media Podcast.

0:06.0

There's certainly good reason to think about rebalancing and to just keep a close eye on the mix of assets that you're exposed to as rates rise.

0:14.0

There's going to be more opportunities for bonds, basically.

0:17.0

You know, bonds that have delivered very low returns in recent years, we're going to start to see those

0:22.0

tending to deliver a bit better return.

0:24.0

And so, you know, that might be a place to park some money that might have been sitting around in a savings account where you said,

0:29.0

I'm not even going to bother with the bond market right now.

0:36.0

You probably have a solid plan for retirement, but you still might be wondering,

0:41.0

did I miss something? Is there something more I can do now to secure my financial future?

0:47.0

Time to find out.

0:49.0

Visit planefe.com slash her money to schedule a free appointment with an advisor today.

0:55.0

Hey everyone, I'm Jean Chatsky.

0:57.0

Thank you so much for joining me today on her money.

1:02.0

Boy, it seems like in the blink of an eye, we have all lived through this once in a lifetime.

1:11.0

Let's hope once in a lifetime pandemic with a massive loss of life and jobs.

1:16.0

And now we are faced with inflation, mortgage rates that were up and are now down predictions

1:24.0

that we could be headed for a recession by the year 2023 and a war that Russia has launched with Ukraine.

1:32.0

The images and videos I've been seeing out of Ukraine this week are just awful.

1:38.0

And I want to say that our thoughts and our prayers are with everyone impacted.

1:43.0

There is nothing quite as unsettling or uncertain as war.

1:48.0

It is just impossible to predict and history tells us how easily the whole world can be thrown into chaos.

1:55.0

And I know that beyond the immediate concerns we all have for global stability,

...

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