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March 13, 2025 โ€ข 25 mins

Much like the weather, the stock market has its share of ups and downs. Those stormy days might feel unrelenting at times, but even in weeks filled with red, we can usually count on brighter days ahead. In this episode, Scott will provide some much-needed context for market corrections, explain how they differ from pullbacks and bear markets, and show you why staying calm is the best approach.

Hereโ€™s what we cover in this episode:

๐Ÿ“‰ Pullback vs. Correction vs. Bear Market โ€“ Whatโ€™s the difference?

โš ๏ธ Why Market Corrections Happen โ€“

๐Ÿ’ก The biggest mistakes investors make in downturns

๐Ÿ“Š Protecting Your Portfolio โ€“ How diversification & risk management help

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0:00 โ€“ Intro

0:56 โ€“ Whatโ€™s causing this volatility

5:35 โ€“ 3 types of market movements

8:21 โ€“ Market correction factors

13:00 โ€“ How does it impact you?

18:08 โ€“ 5 actionable items

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Get our latest on market corrections here: https://listentoscott.com/wp-content/uploads/2025/03/UNDERSTANDING-MARKET-CORRECTIONS.pdfย 

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๐Ÿ’ผ Want expert help in planning for your financial future?

Apply for a consultation here ๐Ÿ‘‰ https://calendly.com/erg-kc/introductory-phone-call-with-erg

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๐Ÿ“ž Call us: 913-393-4724

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๐Ÿ“š Get a FREE copy of our latest book, Exceptional Retirement!

Download here ๐Ÿ‘‰ https://keap.page/bu413/kiplinger-toolkit.html

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๐Ÿ› ๏ธ Check out our Retirement Toolkit

https://keap.page/bu413/exceptional-retirement-youtube.html

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๐ŸŽฅ Subscribe to our YouTube channel for more retirement insights!

๐Ÿ”” http://youtube.com/@erg-kc?sub_confirmation=1

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๐Ÿ“ฐ Read our latest articles on Kiplinger:

https://www.kiplinger.com/author/scott-m-dougan-rfc-investment-adviser

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