Asking for a Friend - Should I move my money out of the stock market right now?

May 31, 2022

Q. Should I move my money out of the stock market right now?

A. Our quick and to the point answer is no.  We believe you should be buying right now, not selling.

  • But listen, we know this is scary.  Gas prices are high, short-term inflation is high, the stock market is down, and the big bad “r” word is becoming mainstream news.  Are we headed for a recession?  Perhaps, the goal of rising interest rates is meant to slow down the economy, so maybe we are headed for a cycle trough in the business cycle.  All these play on our emotions.

  • In the first quarter of 2022, the US gross domestic product contracted 1.4%, consumer spending is slowing, but slowing doesn’t mean recession, it just means slowing.  At this stage of the game, we believe it is a confidence issue, but spending appears to actually be holding up.

Want to geek out with the numbers with us? 

See our resource page that contains the May Chartbook and Volatility and Staying Invested to show the stats.


Do your friends ask you financial questions?
Pass those questions on to us at AskRPG@rootedpg.com and we will feature them in our future newsletters.