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In a world filled with difficult and dangerous jobs, one that regularly flies under the radar is the perilous task of personal finance writer. Sprained thumbs, bruised egos and deadline pressure headaches are just some of the travails we’re forced to contend with, all with minimal sympathy from the broader public.
But by far the greatest problem we face is being fully at the whim of global markets which are, in turn, at the whim of Prevaricator-in-Chief Donald Trump. On Wednesday, when I decided to write this article on where best to invest $10,000 when the markets were down, it seemed like a great idea.
Market volatility needn’t stop you from investing. Credit: Michael Howard
However, when I woke up on Thursday to write it, Wall St had just experienced one of its best days in history, surging 9.5 per cent after Trump backflipped on some of his tariff plans. By the time you read this, who knows what state the global economy might be in.
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What’s the problem?
Regardless, it does seem like we’re in for a period of volatility and likely some more significant falls (and gains) in the weeks and months ahead as the US works out what the hell it’s doing. This can provide some good opportunities for anyone with money to invest, though the options can seem a bit overwhelming.
What you can do about it
So if you’re wondering when and what to spend your money on during these uncertain times, read on:
