Sell, sell, sell! Buy, buy, buy! No, panic trading is not the answer when the market dips, but the news certainly can makes it sound like the end of the world. So what should you do during a down market? It turns out there’s money-saving magic in avoiding selling everything to cash. Today, Joe and OG share their top 5 things to do during a market downturn. They talk about rebalancing, turning off the TV, rewinding history, and more. After this show, your investment policy statement, will be cleaner and more efficient than ever!
During our headline segment, the guys dive into some quirky trends to follow in the stock market. South Park and Build-a-Bear (of all things) are making headlines in a recent Reddit thread. We’ll also throw out the Haven Life line to Amanda who shares the strategies they used to pay off debt. And Doug will panic while he shares his panic trivia.
- An investing strategy that tracks South Park mentions beats the S&P and Nasdaq over the last 7 years (and YTD) (Reddit)
Joe and OG
With the recent market downturn, Joe and OG share their top 5 things to do during a down market. We’ve got some great tips and action items for you!
- What percentage of investors who panic-sold assets after previous downturns never get back into the stock market?
Need life insurance? You could be insured in 20 minutes or less and build your family’s safety net for the future. Use StackingBenjamins.com/HavenLife to calculate how much you need and apply.
- Amanda shares her debt payoff journey and the strategies she used.
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Written by: Brooke Miller
Miss our last show? Listen here: Stackers Share Their Money Stories