The market has already bounced back from its miserable December showing, but that doesn’t mean the market can’t get worse. It’s time to review what a normal recession looks like and what to do during one.
New Focus on Wealth with Chad Burton
English - January 24, 2019 02:00 - 39 minutes - 9.23 MB - ★★★★ - 60 ratingsInvesting Business News estate certified financial financialadvisor financialplanner fitness investing planning portfolio retirement Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Every 5-7 years we typically see a 20% correction, but it had been much longer that that since our last significant correction. The miserable December left many of us feeling horrible even though the S&P 500 ended the year down by only 4.4%. Since then, anybody who sold around Christmas is now kicking themselves as the fast moving market has already bounced back. What should you do if these recessionary trends continue? Other topics include:
How the market typically responds during the 12 months after a large correction International investing...is it worth it? Smoothing out market cycles in your portfolio 10 Pillars of Retirement Planning –what you need to focus on when entering retirement
Email your money question to [email protected] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)
Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.