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314- Don’t Fear Market Drops!

314- Don’t Fear Market Drops!

FromInvestED: The Rule #1 Investing Podcast


314- Don’t Fear Market Drops!

FromInvestED: The Rule #1 Investing Podcast

ratings:
Length:
32 minutes
Released:
Apr 27, 2021
Format:
Podcast episode

Description

The stock market crash of 2020 began on Monday, March 9, with history’s largest point plunge for the Dow Jones Industrial Average (DJIA) up to that date. Some investors were scared or nervous but Rule #1 investors, like Danielle, were actually excited about the drop. She is confident in her investing decisions and realized it was an excellent opportunity to load up on more great companies.

The market runs in cycles. It goes up, it goes down. But we have to look beyond the charts. 

While the cycles give us warning signs of potential crashes, predicting the market is not an exact science. The economy reacts to more than just the market cycles. You need to have the perfect storm — many events and economic conditions coming together — for a drop to happen. 

The important thing is to be prepared for whatever may happen in the market. Keep on saving for retirement and keep on making good investment decisions. Rule #1 investors know how to take advantage of all kinds of economic conditions, including market drops.

If you understand the principles of Rule #1 investing, you will find opportunities to increase your long-term wealth. Rule #1 investors do not fear market crashes. They know that downturns provide the best buying opportunities.

Today, Phil and Danielle discuss how to look at the market objectively so you have an advantage over other investors during a market drop. 

Learn how to pick stocks with this free guide I’ve created for you and be ready when your chosen companies go on sale. Preparation plus opportunity equals success. Click here to download: https://bit.ly/3nrRyKq
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Released:
Apr 27, 2021
Format:
Podcast episode

Titles in the series (100)

Phil Town is a hedge fund manager and author of 3 New York Times best-selling investment books, Invested, Rule #1, and Payback Time. On the InvestED podcast, Phil and his daughter Danielle shine a light on the successful investing strategies that gurus like Warren Buffett have used for 80 years. Listen in for a great stock market education on basics, learn how to invest on your own, and follow along with real-time examples and investing tips from week to week. Subscribe and leave a review. Questions? Email questions@investedpodcast.com.