作为创始人,我有4件事会有所不同 创业的时候有问题就可以了 设计和装备餐厅时要考虑的要点 通过免费的 “从员工到在线企业家” 副本,向财务自由迈进了一步 “捉鬼敢死队” 可以教给您有关开办小型企业的13件事 如何评估您的初创公司-不会出错 创造性破坏: 快速移动并打破事物 7迹象表明,是时候从员工过渡到企业家了 创建赚钱博客的快速指南 创业公司吸引风投的4种方式 5谎言世界告诉企业家如何成功 Bootstrapers的优势: 稀缺性提升创造力 向朋友和家人借钱的硬道理和技巧 如何成为自己的老板并在工作中喝酒 企业家的奥秘: 关于创业的5个常见误区 两名妇女开办学校教人们如何成人 如何在9比5的工作中启动您的创业公司 4种方法来决定你是否应该追求你的创业理念 引导最聪明的方式 在与投资者建立联系之前,您必须做的10件事 热情的企业家即使在袜子行业也能找到成功 2021年中小企业数字化赋能系列活动数字赋能融合发展论坛成功召开 6辞职成为企业家的强大好处 研究: 企业选择自由职业者来逃避医疗费用 您是否有能力使您的承包业务取得成功? 停止抱怨,开始胡搞 在前100天获得动力。否则。 你有专业知识让你的承包业务取得成功吗? 鲨鱼坦克的戴蒙德·约翰 (Daymond John) 说,您必须做的3件事可以帮助您的初创公司生存 两小时销售1817万!江西“百县百日”文旅消费季 直播带货大赛正式拉开帷幕 您的公司在启动时可以做的4件事 在您的业务启动前几个月建立炒作的7种方法 你讨厌的朝九晚五的工作并不像你想象的那么安全 购物特许经营时首先要寻找什么 这家公司如何在赚钱的同时有所作为 建立6位数咨询的5个步骤 教练是完美的个人业务的8个原因 党日活动--观看抗美援朝电影《长津湖》 在线课程可能没有您希望的那么有价值 为什么逆戟鲸岛出租车从一个小岛上获得大笔生意 美国各地的社区都在利用企业家精神来推动增长 这是一项6位数的服务业务,您可以以低于100美元的价格开始 企业家应该总是涉足副业。这就是原因。 研究商机时要考虑什么 在为公司聘请公司法律顾问之前,您需要的4个答案 大便! 一个创业故事被释放了。 从员工到所有者转变思维的8种方法 3种类型的体验将帮助你的创业成功 你需要知道的关于打入视频游戏行业的一切 破解App Store代码的5种方法
您的位置:首页 >社会 >

16 Best Career Decisions to Make When the Stock Market Is Seesawing

2021-05-22 13:11:18 来源:

planning your career is a difficult process, one fraught with potential pitfalls and made even scarier by the fact that you only get one shot at it. And if that weren’t enough, there are oftena number of swirling factors over which you have no control --perhapsnone bigger than the stock market.

58003 So, here’s a closer look at some ofthe best career moves you can makewhen markets are soaring or plunging.

1. When markets are up: do nothing.

Markets that are up today can just as easily come crashing down tomorrow. As such, trying to plan your career around the stock market is about as effective as planning it around the weather.

If you think you have a way to improve an existing career plan by taking advantage of a strong market, that’s one thing. But making a major change of course in your five- or 10-year plan based solely on soaring stocks is probably a recipe for disaster. So what can you do when the markets are up? 绝对没有。

Learn:How Does the Stock Market Work?

2. When markets are down: do nothing.

That’s right, the same advice about not overreacting to robust stock market conditions applies to precarious stock market conditions as well. Whatever the market conditions are today, they will change --that’s one of the few ironclad guarantees you can get from the stock market. And if you’ve hit the reset button on your five-year plan because of a five-day or five-month market downturn, you’ll probably end up regretting it.

Consider small moves touse low stock pricesto advance your existing career goals, but don’t change those goals just because your 401k is down temporarily.

3. When markets are up: prepare for a job change.

It might seem a little backward tolook for a new gig when times are good, but if you were already looking into other opportunities, beginning the process during a bull market makes sense.

For starters, the best time to consider selling stocks to pad your emergency fund --a sensible move if you’re anticipating a period of unemployment --is when they’re at a high point. And booming markets tend to make people more optimistic, which can lead to more companies accelerating their hiring plans and provide you with more options to consider.

4. When markets are down: invest more.

Timing the market is never going to work out in the long run, but bumping up your 401k contributions or spending some of your paychecks on low-priced stocks is worth considering. Having a larger nest egg to fall back on also means more flexibility in your career, so building up your savings and/or investments now could put you in a better position should you choose to leave your job orchange careers when the time is right.

5. When markets are up: go back to school.

Invest in yourself bygoing back to school. You can get a penalty-free early withdrawal from an IRA or qualified retirement plan for higher education costs. That said, if you are going to take the calculated risk of pulling cash out of stocks to fund tuitionin pursuit of a more promising career path, you’ll get a better price in a bull market.

6. When markets are down: invest in your company.

If you look around your company and see solid management and a great business model, consider taking advantage of a low share price and invest in the company you know you can believe in. That can be doubly true if your company has an employee stock purchase plan that offers discounts on that already-low market price.

The enormous caveat: be very careful about steering clear of potential illegal insider trading. It’s one thing to buy up shares because your co-workers and managers fill you with confidence in the company’s future (totally legal), it’s another to make an investment because you work in the accounting department and know that the next earnings report is going to be great (extremely illegal).

58003

7. When markets are up: plan for when markets are down.

Sometimes, the best thing you can do when times are good is to set yourself up so that you’ll have an easier time when they’re not. An “up market” is the best time to look seriously at your career, your portfolio, your living situation --basically, any part of your financial life --because high stock prices will give you a little more flexibility for change.

If you’re potentially one market slump away from being back on the job market, you’ll want to be ready for it. Sotaking “stock” of your situation when things are going wellwill help position you for even more good fortune down the road.

8. When markets are down: begin looking for work elsewhere.

If you’re working for a public company, you don’t know how management will react to slumping share prices. Hopefully they won’t overreact, but if pressure from shareholders is too much, paring down staff to cut costs is an unfortunately common strategy. 58003 See what’s out there, and hit the ground running if you do get laid off by a management team desperate to boost its stock.

9. When markets are up: ask for a raise.

Hopefully, your company’s management won’t let share price guide its decisions, but even the best managers might be susceptible to letting broad market optimism bleed into their thinking a little. If you’re overdue for a raise,asking for one at a time when shareholders are happyand the future’s looking good might increase your chances of success.

10. When markets are down: let your hard work be seen.

If management does decide to trim staff in reaction to a bear market, you don’t want to be on the chopping block. Given that, you might consider finding subtle ways to remind management of how indispensable you are to the bottom line. If staying a little later or arriving a little earlier is something that your leadership team is going to notice, be prudent to make your hard work a little more visible while stocks are climbing back.

11. When markets are up: ask for a promotion.

Hopefully, your company is looking to reward your hard work with advancement based solely on merit. But timing your shot at a promotion while your company’s shares are doing well could give you an advantage. After all, it’s easier to talk about your role in the company’s success when the company is clearly successful. If you’re sure you deserve the promotion, let leadership know your intentions during a bull market --it might help you get to where you want to be.

Keep at it:5 Ways to Make Sure You Stick to Your Career Goals

12. When markets are down: update your resume.

Dipping stock markets don’t mean your job is in jeopardy. Updating your resume, though, never hurts. periodically making sure all your ducks are in a row for your next job search is a good idea --especially if you need to prepare a portfolio of work samples. And if there’s any chance that slumping stock prices increase the likelihood of you getting fired sooner rather than later, it makes things even more timely.

13. When markets are up: persify your portfolio.

If your company has a generous stock-option plan or employee stock purchase program, you might be guilty of letting those shares take up too large a portion of your portfolio. It’s understandable since you have a unique chance to invest at bargain prices you should absolutely take advantage of. However, in the long run, consider looking for chances to persify your holdings so your financial future isn’t too dependent on a single company.

And a bull market could provide the perfect opportunity. If shares are near all-time highs, sell off company stock and rebalance your portfolio. Flexibility in your finances often translates to flexibility in your career path, so look tokeep a healthy, persified portfolioin place. Doing so can allow you to make career choices without having to worry as much about your next paycheck.

14. When markets are down: delay major purchases.

Few things will hamper career advancement likebeing stuck in the wrong jobbecause you can’t afford to be out of work. 58003

In either case, putting off big purchases in a down market could help you avoid getting stuck.And keeping your credit card bill lean while you’re unemployed makes the situation easier to deal with.

15. When markets are up: consider executing stock options.

Every company that offers stock options will probably have a different program, so depending on when the shares vest and how the options are structured, you might not have a lot of choice about the timing of when you execute.

58003 So make sure you’re clear on all the details of your plan. If you have some flexibility on when to exercise, doing so when the company’s stock is high makes sense.

16. When markets are down: consider companies/careers with stable stock prices.

Of course, if you are in a career where you start looking over your shoulder every time markets are down, searching for a way out is only logical. After all, it’s hard to be at your best when the potential for a devastating market correction is always hanging over you like a sword of Damocles.

plenty of jobs are insulated enough from the periodic rise and fall of stock prices that you can breathe relatively easy whether markets are up or down. If you really don’t think you can handle any more worrying about your future every time the Dow takes a tumble,start exploring ways out of your situation.

免责声明:本网站所有信息仅供参考,不做交易和服务的根据,如自行使用本网资料发生偏差,本站概不负责,亦不负任何法律责任。如有侵权行为,请第一时间联系我们修改或删除,多谢。

今日中国财经