Money Guy Show My First Market Crash. Is This Time Really Different?
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Mar 12, 2025 Market downturns can be exciting opportunities rather than just setbacks. The hosts offer calm reassurance on maintaining a long-term investment perspective, especially for new investors. They tackle practical strategies for managing finances before starting a family and the careful balance of saving for major life events, like weddings. Plus, they delve into the intricacies of handling student debt and investment portfolios, encouraging listeners to make informed financial choices for a stable future.
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Market Downturn Perspective
- The S&P 500 is currently down 8.5% from its all-time high, less than the average intra-year decline.
- Despite common fears, this isn't a drastic drop, considering the average intra-year decline is around 14%.
Don't Time the Market
- Don't try to time the market by selling and waiting for it to improve.
- Instead, keep investing, especially during downturns, as you buy assets at a discount.
Downturn Opportunities for Young Investors
- If you are young, downturns are opportunities to buy at lower prices.
- Consider increasing savings during these times to capitalize on the market dip.