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6min chapter
"I'm New to Investing - What Should I Do?"
Money Guy Show
The Volatility of the Market
Reeves: It was disappointing to see a drop of about 13% on 2022 net worth statement, even after saving 30% maxing out his Roth IRA 401k and after tax savings. When you go through down markets, it doesn't mean the value, what it actually, the total intrinsic value has gone away. Reeves: While you are in the accumulation phase while you are still building your portfolio, volatility is your friend downturn to your opportunity.
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