Best Financial Advice for 2017: Experts’ Top 15 Money Tips for the New Year

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If you follow the Chinese zodiac, 2017 is the Year of the Rooster. But it might as well be the Year of the Question Mark for all the uncertainty surrounding financial markets, government policy and the global geopolitical landscape.

 

What does all the uncertainty mean for your money? What steps should you consider taking in the year ahead to provide yourself with a measure of much-needed financial clarity in the face of such a cloudy future? Read on as some of the country’s leading personal finance experts offer their suggestions for handling your money in 2017.

 

  1. Stick with a long-term financial plan and investment strategy. “Don’t let emotional reactions to short-term events, market volatility or the incoming Trump administration’s policies influence your decisions,” advises Dr. Robert Tucker, MD, MBA, AIF, vice president at Plancorp, LLC, in St. Louis, MO. “Stay with the basics of regular savings, diversification, periodic rebalancing and tax-loss harvesting if the opportunity presents.”
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