Welcome to another minisode! This week, Danielle shares some quick tips and stories about the stock market, the 2007-2009 financial crisis, and the best kind of investment strategy you can use, pandemic or no pandemic.
Look, we get it. It’s terrible when someone loses everything in a recession or stock market downturn. And you’re probably thinking about this stuff more frequently right now thanks to the coronavirus. However, you’ve gotta remember the other side to those horror stories: the people who lost everything probably bailed at the bottom of the market. That means they didn’t have anything invested when it skyrocketed to all-new heights.
In this minisode, Danielle debunks the idea that everyone “lost it all” in the Great Recession, and what’s really going on when someone warns you away from investing.
WHAT YOU’LL LEARN
- The other side of “losing it all” in the stock market
- What really happened in the 2009 crisis
- The best kind of investment strategy
- What a trusted advisor can do for you
This material is for general information only and is not intended to provide specific advice or recommendations for any individual.
RESOURCES & PEOPLE MENTIONED
- A handy overview of the 2009 financial crisis
- The three types of fear in Episode 58
- More stories about the financial crisis in Episode 104: The Laws of Human Nature
- Looking for more investing wisdom? Check out our 3-part series, starting with Episode 17
- Schedule a free call with us — Are we a good fit for your financial planning needs?
- The Toujours Planning Blueprint to Wealth + Security
CONNECT WITH DANIELLE AND DUSTIN
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