231-How You Should Respond to the Recent Stock Market Gyrations

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.4 • 1.9K Ratings

🗓️ 25 August 2015

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Over the last few days global securities markets have been rocked with massive losses.

Naturally, times like this should cause us to seriously consider our investment strategy and take a look to see what the appropriate response might be.

Many of us have a significant amount of our life savings invested in public securities markets and it can be frightening to see the impact of the declines in market prices.

But what should we do?

In this episode I share with you some ideas and ways of thinking which you can apply to your situation. Take a few moments to consider the input and assess your personal strategy.

Enjoy!

Joshua

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Transcript

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0:27.3	buy now at Samsung.com.
0:29.7	I'm a little late to the party but not too late and I decided to go ahead and take the
0:35.3	bait and talk stocks today. Global stock markets all over the place, US stock markets
0:41.9	also all over the place and today I'm going to share
0:45.1	with you some ideas and some thoughts that I hope will be useful to you as you try to figure
0:50.0	out if you should be changing anything in your host.
1:14.0	This is the show where we work each and every day to help you clarify your path to financial independence.
1:21.0	And today we're going to talk about that within the context of investing.
1:25.8	Quite frequently, actually, you get these opportunities to do that, and it's always interesting
1:31.0	to try to tackle a current event with a long-term perspective, but let's see if we can do that today.
1:37.0	It's been a busy last couple of weeks around the Sheets household here and around the
1:46.4	Radical Personal Finance Global Headquarters we have indeed moved as I mentioned to you
1:50.4	on a recent show and so the move has been, it's been great,
1:55.4	but it's also been more challenging than I thought.
1:57.0	The biggest challenge in our lives right now
1:58.5	is working with a colloquy baby,
	...

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