Welcome to the Jill on Money Corona virus market update. It is Sunday March 15th

ladies and gentlemen the Ides of March.

And this is a new little feature

that Mark and I decided to do a daily update on your money.

It's a way for us to kind of handle all the questions that are coming in and

anything that's on your mind don't hesitate let us hold your hands it's a very

scary time I get it major moves up down sideways and the they're gut-wrenching

it's horrible I know I know I get it email us your questions ask Jill at Jill on

money dot com that's ask Jill at Jill on Money.com. That's Ask Jill at Jill on Money.

Or just go to our website Jill on Money.com. You can read, listen, watch, and check out our

resources. Why not put a plug in for my bookmark? Let's just do it. You can

always buy my book, The Dumb Things Smart People Do With Their Money, 13

ways to write your financial wrongs. But what we're doing right now is trying to address your your with the markets. Charlotte writes, I am requesting a second opinion. At the beginning of

this year I had $234,000 in an Ameritrade IRA. Currently it's at $197,000. I assume I am invested too heavily in stocks.

So what would be my best investment strategy moving forward?

I'm 70 years of age and I need this money to last a while.

Thank you.

P.S. I recently took out my first minimum required distribution of $6,000 and I plan on about that

amount every year for at least the next five years.

And also of my current IRA account, $27,000 is in cash.

All right, so where are we?

Okay, so it may have taken too much risk.

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