Just DON’T Do It
On New Year’s Eve, we asked readers if they’d opted out of their Facebook accounts in 2019. It’s official: Only one reader said she still had a Facebook account (we’ll hear from her tomorrow).
As for the rest, here are a couple of your opinions…
“Have I stopped using Facebook in 2019? That’s easy: I have not. The reason is that I never started using Facebook in the first place.
“And the more I hear about it, the less likely I am to ever start. I agree with the statement that Facebook is anti-privacy.”
And this reader’s an expert…
“I never started using Facebook. I was tempted, but having a background in military intelligence you become aware of the damaging outcomes of revealing your private information.
“Even something as seemingly innocuous as LinkedIn can set a person up for a compromised account; additionally, your private information can be falsified and misconstrued. Adding pictures is even worse.
“A simple comment from a ‘frenemy’ can result in all sorts of catastrophe.
“Just don’t do it.”
Check back tomorrow for more of your comments. Thanks for writing in.
Your Rundown for Thursday Jan. 2, 2020
Buckling Up for Market Movers
Per usual, the stock market in 2019 had its share of uncertainty — that just goes with the territory. Some variables that moved the market last year? Trade war headlines, Fed rate cuts… and Trump tweets about both.
While we can’t prepare for every eventuality in 2020, we can at least buckle up for some events on the horizon. Here are a few:
- January: British Prime Minister Boris Johnson is expected to finally push through Brexit
- March: Super Tuesday will bring a majority of voters to the polls
- July: Democratic Party’s convention
Not to mention impeachment proceedings and the election come November.
For investors (who can stomach volatility), the mantra is stay the course. That’s because investors can have notoriously bad timing when buying and selling.
And while growth stocks — FAANG stocks, for example — have thrashed value stocks since 2007, some financial analysts believe this trend is ripe for a reversal.
To fine-tune your portfolio for 2020, you don’t have to sell all your high-flying growth stock; instead, you should pick up a few “boring” value stocks — dividend-payers with slow and steady growth.
At the end of the day, you’ll make your portfolio more durable and able to weather market volatility.
Market Rundown for Thursday, Jan. 2, 2020
S&P 500 futures are up 18 points to 3,249.
Oil is down 4 cents to $61.02 for a barrel of West Texas crude.
Gold’s added $2.90 to its price of $1,526 per ounce.
Bitcoin is down $35.09 to $7,169.69.
Happy New Year to you! We’ll talk more tomorrow.
For the Rundown,