The idea of a GAP year has led to discussions around how this might affect the use of 529 accounts. Would there be any negative financial consequences for a 529 Account owner? Or the student beneficiary?

My new normal is captured in the picture above – drinking my way through my wine cave way too fast! In the finance world, I would dare to say not much has changed.

This is Part II of the blog I did last month – Bonds Behaving As They Should – Part 1. You can catch-up here. We were discussing the recent bond market gyrations and why investors should not be surprised.

During the late March 2020 market meltdown, I remember reading a lot of commentary about the problems in the bond markets. It was like a highlight reel from the 2007 – 2009 Great Recession. Déjà Vu all over again.

The market has fallen recently – everyone is acutely aware. Is this a great time to re-balance your portfolio and take advantage of today’s conditions?

Feb 24: Dow down 3%+..foreign markets in freefall, Coronavirus spreading, global economy to shrink…yadda, yadda, yadda. What should an investor do? Nothing. Plain and Simple.