Episode 101: Navigating Turbulent Stock Markets
KPC Smart Money
English - June 23, 2022 10:00 - 11 minutes - 16.4 MBInvesting Business Management management market personalfinance safety security stock wealthmanagement advisor annuities annuity Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 100: Celebrating our 100th Podcast - Why We Do What We Do
Next Episode: Episode 102: Taking Vacation Could Save Your Life
How you navigate a turbulent stock market depends on your age. Stay calm. Then listen to our navigation ideas based on whether you are 25, 45 or 65 years old.
Key takeaways:
If you're 25 - this is a great opportunity to buy stocks at cheaper prices and hold onto them. You have time on your side If you're 45 - keep to your long term strategy and move from bonds to defensive stocks If you're 65 - move from growth stocks to value stock and try to use other sources for income if you need it