Cliff Notes: Why The Stock Market Goes Down Every September
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 3 October 2021
⏱️ 16 minutes
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Summary
In this Cliff Notes we talked about the stock market pullback that usually happens every September and how you can benefit from it.
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Transcript
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| 0:00.0 | Shout out to my young boy, Shem, |
| 0:01.8 | he's just getting into the market. |
| 0:03.2 | And so I had showed him what the profits you can make |
| 0:06.6 | and invest in. |
| 0:07.7 | And he was like, man, that's incredible. |
| 0:09.6 | But also I took a picture of the gains today |
| 0:12.0 | because they were negative. |
| 0:12.9 | I told him, I did two sides of this coin. |
| 0:14.9 | Yeah. |
| 0:15.5 | What? |
| 0:16.7 | When you trust your research and you trust what you've done |
| 0:18.7 | and you trust your investments, you don't flinch. |
| 0:20.7 | You don't even know because you know how this works. |
| 0:23.8 | We said this two weeks ago, I remember the dates |
| 0:26.0 | of December 2nd, 2001. |
| 0:29.0 | And we had a huge pull back, almost like 9%. |
| 0:31.7 | I'm like, OK, this is a new feeling. |
| 0:34.6 | This is a feeling. |
| 0:35.9 | Can you sustain this? |
| 0:37.6 | Can you walk away from this and not |
| 0:39.7 | feel any different about investing? |
| 0:41.5 | And the overall answer was, yes, I can. |
... |
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