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Earn Your Leisure

Cliff Notes: Why The Stock Market Goes Down Every September

Earn Your Leisure

iHeartPodcasts

Business News, Careers, News, Entrepreneurship, Business, Education, Investing

4.97.9K Ratings

🗓️ 3 October 2021

⏱️ 16 minutes

🧾️ Download transcript

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

Click on a timestamp to play from that location

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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