Ep 63: How to Handle a Stinky Stock Market
How Money Works
English - October 20, 2022 09:00 - 20 minutes - 19.1 MBInvesting Business News Business News cfp northcarolina retire winstonsalem finance financial financialplan greensboro maestrowealthadvisors money Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Ep 62: Take Out the Trash in Your Financial Life
Next Episode: Ep 64: Key Characteristics of a Good Financial Advisor
At times like these when the market is volatile, and trending down, it’s inevitable that we get a lot of questions about it. As we tell people, the weather’s changing, the leaves are starting to get red, and the stock market stinks right now.
On today’s show, special guest Richard Duff, president of Redwood Investment Management, joins us to talk about this important topic. We’ll share what’s going on with the stock market and how best to respond.
What we discuss in this episode:
Why the latest stock market dips are unprecedented and how bonds have changed. (1:03) Why you have to play defense and run a financial analysis to look at how much you can draw down in a rough market. (7:57) Why there’s such a focus on historical returns. (11:24)Listen to more of our conversation in the podcast or reach out to us to talk about your financial situation and goals.
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