Welcome to Fix-It Friday, the podcast segment that simplifies financial strategies to help you make smarter decisions. Hosted by Jonathan Blau, CEO of Fusion Family Wealth. Each episode dives into common biases that impact our financial choices—and how to fix them. This week, Jonathan shares the three most important numbers to manage your wealth in a Bear market. He offers insights into investing strategies during market downturns, emphasizing the importance of maintaining a long-term perspective and avoiding emotional decision-making for wealth preservation. He also discusses historical market trends, inflation, and the significance of proper portfolio allocation. Tune in!
IN THIS EPISODE:
- [00:00] Opening and introduction
- [00:18] Parody of panic-driven financial advice and current bear market conditions
- [05:30] The "3 most important numbers" in investing: 10, 6, and 3
- [07:33] Long-term investing strategy vs. short-term reactions
- [11:08] Importance of cash reserves in retirement planning
- [13:11] Historical market recovery patterns in a market cycle
- [15:17] Is this strategy relevant to older investors seeking wealth preservation?
KEY TAKEAWAYS:
- Understanding the "three most important numbers"—10%, 6%, and 3% for long-term wealth preservation.
- How to protect our portfolio in a bear market? Retirees should have two to three years of living expenses in low-risk investments to weather market volatility.
- Historical patterns show a 15% average annual decline in the S&P 500 since 1980, underscoring the need for a consistent strategy.
- Maintaining a long-term investment strategy is vital; avoid reactive decisions during market downturns for wealth preservation.
ABOUT THE HOST: Jonathan Blau is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.
RESOURCE LINKS
Fusion Family Wealth - Website
Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.
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