Transcript:

Caroline Woods: What’s one move every investor should be making right now?

Jessica Inskip: They should be invested in the market, but you should not invest unless you have an emergency fund, because time in the market is more important than anything. We say that the market it returns on average 10.63% actually exactly since 1975. But there are years where last year we were up over 20% The year before that, 20% before that, down 20% So you want to make sure that you are able to keep time in the market. So if you do have an emergency. Emergency funds are so critical. And so important. Otherwise you lose out on the magic of compound interest.