Despite policymakers’ best efforts, history shows that both bear markets and recessions are about as common as severe storms in New York. Bonds haven’t done well lately, but Treasurys and high-quality corporate bonds are still far more stable than the stock market. Also, money market funds are beginning to pay higher interest after months of being stuck near zero. Then, when it comes to investing, try to think really long term, meaning a minimum of a decade and, preferably, much longer than that. I wouldn’t put any money into the stock market that you are likely to need to spend soon.

Source: New York Times June 17, 2022 06:15 UTC