Rich Habits Podcast

130: How To Overcome Your Emotions During Volatility

10 snips
Aug 11, 2025
Explore personal strategies to manage emotions during market turbulence. The discussion highlights the significance of a long-term investment perspective and understanding market behaviors. Listeners learn about effective wealth-building practices using company fundamentals and disciplined investment choices. The hosts also tackle the delicate balance between immediate needs, like vehicle purchases, and long-term financial health. Finally, they emphasize the importance of emergency funds in navigating financial uncertainties.
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INSIGHT

Corrections Are Normal

  • Austin Hankwitz notes the S&P 500 drops 3%+ every 1.5–2 months on average.
  • Expect 5%+ pullbacks every 3–4 months and avoid panicking over routine corrections.
ADVICE

Control What You Can

  • Austin Hankwitz focuses on your budget and how much you invest monthly instead of short-term market moves.
  • Track contributions and use dollar-cost averaging to stay consistent during volatility.
ADVICE

Be A Net Buyer Of Index Funds

  • Robert Croak recommends index funds and ETFs as core holdings for long-term portfolios.
  • Buy during volatility and stay a net buyer to capture historical 10–12% returns.
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