It’s no secret that market volatility can feel especially nerve-wracking when you’re no longer earning a paycheck.
But what if I told you that, historically, every single crash has ended the same way—with a recovery?
That's what happened after the Covid-19 market crash, the 2021 downturn, and even the Great Depression.
We're going to discuss an article titled "What We’ve Learned From 150 Years of Stock Market Crashes" by Emelia Fredlick. The article highlights some of the worst market downturns in history and, more importantly, the lessons they offer for long-term investors like you.
Takeaways:
Lesson #1: We Can’t Predict Recovery Times
Lesson #2: Every Decade Brings a Market Crash
Lesson #3: Staying Invested is the Only Winning Strategy
Then I answer question sent in from a listener: "What are some good ways to gift money to my children while I'm still living?"
All of this in less than 20 minutes.
Resources:
Get the book - out now!
Retirement Starts Today: Your Non-financial Guide to an Even Better Retirement
Follow Retirement Starts Today in
Apple Podcasts, Spotify, Overcast, Pocket Casts, Amazon Music, or iHeart
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.