1011: Coronavirus' Impact on Our Finances with Investopedia's Editor-in-Chief Caleb Silver
So Money with Farnoosh Torabi
Farnoosh Torabi
4.7 • 2K Ratings
🗓️ 2 March 2020
⏱️ 35 minutes
🧾️ Download transcript
Summary
What kind of impact can we expect from the global spread of the Coronavirus on our personal finances? Guest Caleb Silver shares his perspectives. Caleb is the Editor in Chief of Investopedia, the world's leading source of financial content on the web, ranging from market news to retirement strategies to investing education.
More about Caleb: He began his career producing wildlife documentaries in South America and the American southwest. His career in business news began at Bloomberg, where he worked as a senior television producer and was nominated for a 2003 Emmy Award.
Caleb then joined CNN, serving as a Senior Producer for The Situation Room with Wolf Blitzer, as well as the Executive Producer of CNNMoney.com. Caleb and his team at CNNMoney were nominated for an Emmy Award for New Approaches to Business & Financial Reporting. He then returned to CNN as the Director of US business news.
Caleb left CNN in 2014 to form Frog Pond Productions, a digital production and consulting company, and then joined Investopedia in January 2016 as the VP of Content. He also serves as the treasurer of the executive board of the Society for Advancing Business Editing and Writing.
Caleb is frequently featured as a markets, economic and consumer trends expert on NBC, MSNBC, ABC Radio, Marketplace Radio and Cheddar TV, in addition to markets commentary in his daily newsletters.
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Transcript
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| 0:00.0 | So Money episode 1,000 11, Caleb Silver, editor-in-chief of Investopedia. |
| 0:07.0 | You're listening to So Money with award-winning money guru Farnoosh Karabi. |
| 0:12.0 | Each day, get a 30 minute dose of financial |
| 0:14.7 | inspiration from the world's top business minds, authors, influencers, and from Farnuosh |
| 0:19.8 | herself. Looking for ways to save on gas or double your double coupons? |
| 0:25.0 | Sorry, you're in the wrong place. |
| 0:27.0 | Seeking profound ways to live a richer, happier life. |
| 0:30.0 | Welcome to So Money. |
| 0:37.0 | I wouldn't stop investing as you regularly would. That doesn't mean go try to buy the dip. |
| 0:39.0 | That means if you have a plan where you put a hundred bucks a week into your 401k or your IRA or your SEP |
| 0:45.2 | account, don't stop doing that because markets are cyclical and they will revert to |
| 0:49.6 | the mean eventually this will pass. I can't say when but you shouldn't stop your strategy as long as it is in line with your goals and your values |
| 0:59.4 | Uncertainty surrounding the global spread and impact of the coronavirus fueled the stock |
| 1:04.0 | markets decline last week the worst since 2008. Welcome to So Money |
| 1:08.7 | everybody I'm Farnish Terabi. Our guest today is Caleb Silver. He is editor and chief of |
| 1:14.0 | Investopedia and he's here to talk a little bit about why it's important to not |
| 1:18.0 | get caught up in all the market frenzy and it's not the only reason I've asked Caleb to join me on the show. |
| 1:24.3 | Truth is I'm not sure why I waited this long. |
| 1:27.1 | He's one of the leading financial journalists of today. |
| 1:30.3 | His career in business news began at Bloomberg where he worked as a senior television |
| 1:35.1 | producer and was nominated there for a 2003 Emmy. |
| 1:39.3 | He later ran CNN's Business News and then formed his own production company and is now at |
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