CNNMoney.com has a timely piece that both consumers and advisors can take to heart. In our ever-changing economy, Americans are avoiding risk-taking of all kinds -- from pulling funds from the stock market to passing on that bungee jumping trip because of an inadequate life insurance plan.
Yet, the best advisors in the business will tell you to stop running during these challenging times. With the proper planning, you can embrace it.
One key is value investing. As Ed Slott told the conglomerate of authors: In an era of shared risks, tax rates, at multi-decade lows, will definitely climb. This means that you should save in a Roth IRA or Roth 401(k).
CLICK HERE TO READ THE ENTIRE ARTICLE.
--By Jared Trexler
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