Can You Find More Cheddar By Navigating Volatile Markets? (SB1634)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.2 • 1.9K Ratings

🗓️ 22 January 2025

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Feeling like the stock market is a high-stakes game of pinball lately? Not sure how to steady your hand when it comes to retirement accounts? In this episode, we tackle the rollercoaster of market volatility with actionable strategies to keep your retirement plans on track. Learn how to create an Investment Policy Statement, whether a Roth IRA still deserves a spot in your portfolio, and smart ways to withdraw from retirement funds without triggering costly mistakes. Plus, discover why trying to time the market is like predicting the weather with a Magic 8-Ball. Doug shares a tale involving a Chinese couple and some financial advice that’s worth sticking around for. Whether you’re building financial independence or refining your retirement strategy, this episode has you covered. What We Cover Today: Market Rollercoaster Madness: Stock, Bitcoin, and why patience pays off. Creating an Investment Policy Statement: Stay calm and strategy on. Listener Q&A: Chris from Georgia asks about retirement withdrawals. Roth IRA Reboot: Is it still a go-to for your portfolio? Financial Headlines: Why tuning out the noise can save your sanity. Trivia Time with Doug: A historical nugget tied to financial wisdom. Highlights from the Episode: Market Volatility Analysis: Stocks and Bitcoin – what’s up, what’s down, and what you should do about it. Listener Question: Tapping retirement accounts – the dos, don’ts, and what-ifs. Investment Philosophy: Why having a policy statement is the ultimate stress reliever. TikTok Minute: A social media take that’ll have you rethinking the advice you see online. New Year’s Resolutions: Money nicknames, quirky goals, and strategies for staying on track. Closing Remarks: Key takeaways to help guide your financial decisions. Resources Mentioned in This Episode: Sign up for our Free Weekly Newsletter for insights, tips, and resources: https://stackingbenjamins.com/201 Join us at our Upcoming Meetups to connect and learn more: https://stackingbenjamins.com/meetup. FULL SHOW NOTES: https://stackingbenjamins.com/stock-market-volatility-beginning-of-2025-1634 Tune in now and take the first step toward turning market madness into financial confidence. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Debt can really take a toll on you between minimum payments, interest rates. It's really stressful.
0:04.8	And at times, it just feels like you're swimming upstream. You can't get ahead. Navy Federal Credit Union understands debt as a huge stressor, and they're here to help.
0:12.3	Navy Federal Credit Union has all the financial tools and resources. You need to dominate debt. So here's what you do.
0:17.6	You put your strategy together, stackers, and then you start putting
0:21.7	the tools in place. So one great option is to get your interest rates to zero so you're
0:28.1	socking more away. And right now, Navy Federal Credit Union is offering a 0% intro APR on credit
0:34.2	car balance transfers for 12 months. Plus, you can get $250 when you spend $2,500 on your
0:40.8	first 90 days on a cash rewards or cash rewards plus credit card. Don't let debt drag you down.
0:46.5	Visit navyfederal.org to start dominating debt today. Navy Federal Credit Union,
0:51.3	our members are the mission. Navy Federal is insured by NCUA.
0:54.8	After the intro rate expires, variable APRs are 15.15% to 18% based on creditworthiness.
1:01.3	Rates are subject to change.
1:02.6	ATM fees for cash advances are up to $1.
1:04.9	All non-N Navy federal ATMs.
1:08.1	And now word from our sponsors at Betterment.
1:10.7	When investing your money starts to feel like a
1:12.8	second job, Betterment steps in with a little work-life balance. There, the automated investing
1:18.6	and savings app that handles your money so you don't have to. It's diversified and optimized
1:23.2	day after day again and again, all while you focus on what matters most. Because your money
1:29.5	doesn't need a work-life balance, you do. Make your money hustle with Betterment. Get started at
1:34.5	betterment.com. Investing involves risk, performance not guaranteed. Okay. Right here. It says right
1:41.8	here in this account, we have $401,000. Checkpot. Nope. That account we have $401,000.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Joe Saul-Sehy | Cumulus Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Joe Saul-Sehy | Cumulus Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.