Haverford's Smith: Ignore forecasts and uncertainty, stay fully invested

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Hank Smith, head of investment strategy for The Haverford Trust Co., says that rising volatility and heightened uncertainty shouldn't push investors out of the market, because times like these prove the value of being fully invested in all conditions, and having money in the market whenever a bottom is reached. In the Market Call, Smith talks about how owning great companies with long histories of dividend payments creates the confidence to ride out tough times en route to long-term success. In the 'ETF of the Week' segment, Tom Lydon, chief executive at ETFTrends.com, discusses one of the biggest, most-popular ETFs -- a Standard and Poor's 500 Index fund from Vanguard -- noting that the pick isn't just trending but it's an appropriate allocation for investors with too much cash on the sidelines. Also on the show, Kirsten Grind, co-author of 'Happy At Any Cost: The Revolutionary Vision and Fatal Quest of Zappos CEO Tony Hsieh,' and Ted Rossman, senior industry analyst at Bankrate.com discussing the site's 2022 Gas Cards Survey and whether using a branded card can really help you out at the pump.