Given market conditions, retirees can be forgiven if they feel that investing right now is akin to running with scissors.
Risks and uncertainties abound: spiking inflation, Federal Reserve rate hikes to combat rising prices, a war in Ukraine, supply-chain snafus, and more. Markets have dropped—and then tumbled further. The Dow Jones Industrial Average is down about 12% year to date, while the S&P 500 has fallen 17%, and the Nasdaq has tumbled 26% so far this year. The price of Bitcoin has been halved since its peak of about $69,000 in November.
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