Economic sentiment seems to be improving significantly. Since the election, the stock market and interest rates are higher. Real estate also seems to be doing better. According to Zillow, our house value has increased 30% to its highest estimated value since 2007. Also, businesses seem to be more positve about their future than before.
Positive sentiment doesn't necessarily translate into improved economic results, but it is a good start. Optimistic expectations often lead to more investment, which leads to postive economic outcomes.
I'm looking forward to good year for our investments in 2017.
For more on New Beginnings, check back Sundays for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2016 Achievement Catalyst, LLC
Sunday, December 18, 2016
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1 comment:
Has your net worth increased or decreased since you retired? I am curious because you have gone through an entire economic cycle since retirement.
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