Navigating Market Turbulence: Emotional Resilience and Strategic Investing

📈 Between April 3rd and 4th, the stock market dropped 10% and the S&P 500 is down nearly 15% so far this year. That's huge in such a short period of time and downright frightening! So, what do you do? Start by listening to this episode where Bill and Jackie take a deep breath, and discuss the impact of these recent market declines. There is a natural human reaction of fear, but they share tips on tempering those emotions and remaining levelheaded during volatile times. They also talk through the importance of understanding stock market history and cover practical strategies like rebalancing and tax-loss harvesting. They highlight personal experiences from past market drops like the 2008 financial crisis and the COVID-19 market scare, stressing the significance of maintaining a long-term perspective. 

Tell us how you're feeling about this market drop and any tips you have for other late starters:🎙️ Record a Voice Message here

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RESOURCES MENTIONED ON THE SHOW:

A Guided Meditation for When the Stock Market is Dropping (JL Collins)

Bogleheads Investment Policy Statement

Rob Berger: Trump, Tariffs and Turmoil | Live Q&A (recording)

Morningstar Article: What We’ve Learned From 150 Years of Stock Market Crashes: Though they varied in length and severity, the market always recovered and went on to new highs.

AP News Article: A 10% drop for stocks is scary, but isn’t that rare

Forbes Article: How Long Do Recessions Last?

Tax Loss Harvesting (Jesse Cramer)

How to Tax-Loss Harvest – Step-by-Step Guide (White Coat Investor)

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⚠️Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.