We are living in a time of extreme uncertainty.
Many of us are questioning how we can best use the funds we have to
“Should I sell the funds I have invested in the market, or keep
“Should I continue with my plans to invest in real estate?”
“Should I hoard all of my cash in case this gets worse?!”
My friend and former financial planner Joe Saul-Sehy joins me on
today’s show to shed light on the answers and how to handle the
stock market collapse.
the key points we discuss in this episode:
panic sell and convert paper losses into real losses. Stay the
this is your first bear market, welcome to being a real investor!
This is how you grow in the long-term.
Dollar-cost averaging is your best friend.
this upcoming recession might be different. The silver lining? The
economy was doing well going into this. But the speed at which our
markets recover depends on the speed and dedication with which we
flatten the curve.
financial principles you can use that will guide you to security in
these rough times.
P.S. – Unless you’ve been tested, default to the assumption that
you’re infected and act accordingly.
For more information, visit https://affordanything.com/episode248