Ask Paula: Bonds Are Tanking. Should I Switch to Real Estate Instead?

<p>#256: Jon is wondering if now is a good time to move his RRSP into a tax-free savings account, given the market downturn. He knows you can’t time the market, but the opportunity is tempting. What should he do?</p> <p>Laurel’s question revolves around the CARE Act and early withdrawal from a 401k. She needs to rebalance her 401k and wants to buy a rental. Instead of selling stocks, should she sell bonds as a form of rebalancing and to withdraw for a rental property?</p> <p>After seeing so many businesses experience financial hardship, Rebecca and her husband are curious: why don’t companies have emergency funds?</p> <p>Salome sees the stock market downturn as an opportunity for tax-loss harvesting, but does this hold if you’ve held stocks for less than a year?</p> <p>Sheena has the option to purchase company stock at a 15 percent discount through an Employer Stock Purchasing Plan. However, it’s volatile right now. Should she contribute the maximum amount, or nothing?</p> <p>My friend and former financial planner Joe Saul-Sehy joins me to answer these questions. Enjoy!</p> <p>For more information, visit the show notes at <a href= "https://affordanything.com/episode256" target="_blank" rel= "noopener">https://affordanything.com/episode256</a></p>