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Manage episode 261147170 series 148544
By Save your Retirement with Pat Strubbe and Patrick Strubbe. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
When people think about a market crash, their mind immediately goes back to 2008. Yet no matter the year, no one can really tell when we’re in a bull market or bear market until we’re already well entrenched. So how are investors to cope with this possibly unsettling information? Working with a financial advisor, we believe those who are in an accumulation stage of life should continue to invest with patience and calm, keeping in mind that what comes down usually goes back up. However, for those in or nearing retirement, who may not have the time to wait for the downs to go up, they may want to consider additional strategies to help reduce the risk of stock market volatility. If you enjoy the podcast, would you please consider leaving a short review on https://podcasts.apple.com/us/podcast/making-sense-of-the-stock-market-rollercoaster/id1053921132?i=1000473896513? It takes less than 60 seconds, and it really makes a difference in sharing this information with others too!