Ready to launch your business? Get started with the commerce platform made for entrepreneurs.

Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand.

Marketing tools that get your products out there. Integrated shipping solutions that actually save you time.

From startups to scaleups, online, in person and on the go shopify is made for

entrepreneurs like you sign up for your one dollar a month trial at shopify.com

slash setup welcome to the jill on money coronavirus market update. It is Tuesday, August 18th. And we are here. It is the summer and we are answering your questions. Obviously, there have been incredible shifts in how the virus is spreading. And it really has impacted almost everyone's finances in some way.

There was a recent study that found that about half of Americans said that they have been

negatively impacted by coronavirus. That could be financially. I'm sure that just generally

speaking, people are freaked out.

And we allow you to be freaked out. Everyone of us is getting a little freaked out, and that's okay, especially as this persists.

If you are feeling a little bit uptight about things, why don't you send us an email?

We can help you out. Our email address is Askjill at jmoney.com. Ask Jill at Jillonmoney.com.

Michelle writes, the subject is investing during the pandemic. Hello there to you. I hope you and yours are safe and well. I am a huge fan. Is now a good time to invest for retirement or should we hold on to our

cash? Okay, Michelle, it really depends on your situation. If you're telling me that you've got an

emergency reserve fund and it's all built up, then sure, you're a long-term investor, go ahead and

invest. If, however, you don't have six to 12 months of expenses that's sitting

in a boring account, a money market, a checking savings, a short-term CD, then no, don't invest.

But if you're a long-term investor and you got your house in order, absolutely. Mita, right? I love

your show. I've got a question about a Roth 401k.

I contribute 5% to a Roth in my 401k at Fidelity.

I heard you mention on the show that they should be in separate accounts in order not to be taxed twice at a later date.

I just want to confirm you meant Roth money in a traditional 401k and not a Roth account yet. Don't worry

...