Act Rich and Protect Yourself from a Down Market

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Investing, Education, Business

4.7 • 3.1K Ratings

🗓️ 10 August 2007

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

the benefits of using Long/Short Funds. A long/short fund takes advantage of a technique that many hedge funds use that allows them to make money in both a rising and falling market. Long/short fund managers divide their funds’ assets into two types of positions (long and short holdings). Long positions – meaning they buy stocks expecting that they will rise in value and can be sold at some point in the future at a gain (this is the traditional form of investing that most investors are use to… buy value priced stocks with the anticipation of selling for a gain) For more information, visit the show notes at http://www.moneyguy.com/2007/08/act-rich-and-protect-yourself-from-a-down-market Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:07.1	investing, taxes.
0:09.1	You've got financial questions, he's got financial answers.
0:12.7	It's Brian Preston, the money guy.
0:16.4	Is anybody even out there anymore?
0:18.0	I figure after the financial markets have dropped as much as they have in the last few
0:21.9	weeks, everybody has probably decided that the best course of action at this point is
0:27.0	to quit looking at their portfolio, give up, and realize that this thing is a little bit
0:34.1	harder than they might have realized.
0:35.8	Welcome to the show, guys.
0:36.8	This is Brian Preston.
0:38.3	I am the host for the money guy podcast.
0:40.4	We are here to restore order to your financial chaos.
0:43.8	It's been a crazy two weeks here, and you probably everybody's gotten their July monthly
0:49.2	statements and seeing that July was not a great month, wait until those August statements
0:53.2	come out.
0:54.2	I'm going right now, but I've got a focus of today's show that should help you out.
1:00.2	We're going to take some concepts that the mega wealth you're using to help you protect
1:06.4	your investments and your financial situation during an uncertain and even, yes, maybe
1:12.7	even a down market.
1:14.6	That's what we're going to talk about today.
1:16.8	I hope you can stick around, hang in there with us, give you some tools here to equip
	...

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