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Rule Breaker Investing

Coping with a Volatile Market

Rule Breaker Investing

The Motley Fool

Investing, Business

4.5928 Ratings

🗓️ 26 August 2015

⏱️ 13 minutes

🧾️ Download transcript

Summary

David offers 4 rules-of-thumb to help you keep your head in a volatile market. And a couple of bonus tips to help you win bets at the ballgame!

Transcript

Click on a timestamp to play from that location

0:00.0

It's the Rule Breaker Investing Podcast with Motley Full Co-founder David Gardner.

0:07.0

And welcome back to Rule Breaker Investing.

0:12.0

I'm David Gardner.

0:13.0

Thanks for joining me during this most volatile of market weeks.

0:17.0

I've kind of pushed aside my normal agenda this week for Rule Breaker Investing

0:21.0

and let's make the podcast speak to the market a little bit

0:24.3

and what's happening in the world at large.

0:26.9

As I tape this and I'm taping this on the morning of Tuesday, August 25th.

0:34.2

The three previous days, the market had declined about 4% or so each day,

0:38.4

at least my portfolio had,

0:39.7

which I care a little bit more about than the market.

0:41.9

So that's a really bad string of three consecutive 4% losses.

0:46.6

And then, as I taped today, the market's up about 5% bouncing back.

0:51.6

So this is an extremely volatile week and it's probably the most

0:56.4

frequently asked question that I get not just this week but every week, any given

1:01.6

week at a cocktail party, social occasion.

1:05.0

Maybe you get this to people ask, hey, what do you think of the market?

1:08.0

Where is the market headed?

1:09.0

What's the market going to be doing?

1:11.0

Since I don't really have any intelligent answer to that

1:14.6

question what I've learned over the course of time to do is largely to ignore the

1:18.8

question and talk not about what the market's going to be doing because it will be

...

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