Welcome to the State Welfy podcast. I'm your host, Taylor Schulte, and today I'm answering three big questions from our listeners. The first, why are stocks and high quality bonds down at the same time? And what should conservative investors be doing right now to protect their portfolio?

Number two, how can we improve our mindset and gain optimism in the face of all the negative

economic outlooks at the moment? And then finally, number three, what is the correct order of

operations when withdrawing money in retirement? For all the links and resources mentioned today,

just head over to you staywealthy.com forward slash 152.

Okay, a quick reminder for everyone before we get started.

If you ever have a retirement, investing, or tax planning question,

or you're faced with a retirement challenge

that's maybe keeping you up at night.

Please send me an email at podcast at you staywealthy.com.

Your questions and your comments and your concerns are largely what drive the content

for this show.

So help me help you.

Again, send me an email at podcast at you staywealthy.com. Okay, let's dive in.

The first question for today comes from stay wealthy listener Susan H. And Susan is curious about the bond

market. She asks, why are bonds going down along with the stock market right now? I thought

bonds were supposed to protect my portfolio when stocks crash.

Also, what should conservative investors like myself be doing right now to protect their

portfolio? So great question and a big thank you to Susan for reaching out and asking something

that I think is on a lot of people's minds right now. There are a handful of things to unpack here.

So first, a reminder to everyone that like stocks, not all bonds are equal. There are risky bonds.

There are safe bonds and there's everything in between. The risk profile of a bond or a bond fund

...