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Why you need to change the way you think about money - Meaningful Money

Making Money

CHAPTER

Navigating Market Volatility and Investment Strategies

This chapter explores personal experiences with market downturns, specifically during the COVID crash, and discusses the importance of emotional resilience and community support in investing. It highlights the nuances between dollar-cost averaging and lump-sum investing while emphasizing the need for regular portfolio reviews and personal responsibility in automated investments. The conversation also delves into the role of financial advisors in addressing clients' emotional responses to money and the complexities of financial planning during critical life stages.

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