The New York Stock Exchange (NYSE) may close early on certain days, either planned or unplanned. For example, customers affected by Hurricane Ian may be impacted. Banks and some fund companies observe the holidays listed below. Although the stock markets and The Standard are open, some trades may not be executed on the specified days.Investing in stocks can be a great way to grow your wealth.
To get started, you should understand the three basic investment groups and use a calculator to determine how much money you'll need in retirement. During this pandemic, it's important to remember that social distancing is just physical distancing. Look for ways to safely connect with people in your neighborhood who may need additional help and support the groups in your community that are making a difference.Now is also a great time to get in touch with friends and family and sign up for services. The Standard promises to be there when you need them, no matter what.
For example, Jared's daughter was born with a heart defect and he was able to use his Platinum Advantage policy to offset the loss of income when he had to take time off work for doctor's appointments and hospital visits.Jody suffered a serious back injury due to a car accident and was completely disabled under her Platinum Advantage policy. Her doctor recommended assistive equipment to help her work comfortably at her desk without aggravating her condition. With the help of a rehabilitation program, Jody was able to return to work full time.David is completing his dermatology residency and has just accepted an offer in a private practice. He purchased a Platinum Advantage policy that included the additional benefit increase clause since he knew his income would increase significantly after starting his first job after residency.
This will allow his coverage to grow with him as he advances his career.Jason injured his right hand in an accident and was unable to return to his job as an orthopedic surgeon because he couldn't perform the surgery. However, he was able to return to work as a family medicine doctor and was considered totally disabled in his usual occupation as an orthopedic surgeon under his Platinum Advantage policy. This allowed him to receive the full basic monthly benefit of the policy, in addition to the income from his new position.When it comes to trading stocks, most banks are closed on holidays and weekends when the stock market is closed. However, you can still trade outside of regular business hours which can offer advantages such as convenience and flexibility when reacting to news that could affect companies.
You can also use after-hours trading to place limited orders at designated prices, but there is more volatility in terms of stock price and liquidity.It's important for all investors, especially active traders, to monitor their investments regularly. Credit cards with balance transfers can also be helpful when managing your finances. Every day, look for new ideas on how to save and earn money and achieve your financial goals.