The Passive Income MD Podcast #264 How to Prepare for a Market Crash (Without Losing Sleep)
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May 19, 2025 Dr. Peter Kim reveals how to build a recession-resistant investment strategy that keeps you calm during market fluctuations. He highlights common pitfalls that physicians face with their portfolios and the crucial role of diversification. The importance of mindset and community support is emphasized as key to financial peace. Listeners learn effective strategies for navigating uncertainties and gain access to a practical checklist to boost their investment confidence. Prepare for economic challenges with knowledge and support from like-minded peers!
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Market Downturns Are Normal
- Market corrections of 10% or more happen roughly once every year.
- Bear markets with 20% drops occur about every five to six years, making downturns normal and cyclical.
Diversify Investment Portfolio
- Avoid putting too much of your portfolio into one investment or one asset class.
- Diversify intentionally across stocks, bonds, real estate, cash, and alternatives.
All-Weather Portfolio Insight
- Investing in uncorrelated assets can smooth returns across economic seasons.
- An all-weather portfolio mitigates downside risk while providing steady returns.