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Jill on Money with Jill Schlesinger

Coronavirus Market Questions 03-14

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.61.8K Ratings

🗓️ 14 March 2020

⏱️ 6 minutes

🧾️ Download transcript

Summary

The stock markets ended a brutal week on a positive note. The Dow bounced back by nearly 2,000 points, picking up more than 9% on Friday. Until things settle down, and because the email inbox is overflowing, we're going to bring you a daily episode of Jill on Money to help calm the nerves. If the market is freaking you out, please send us an email. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0

Welcome to the Jill on Money Corona virus Market update. It's Saturday, March 14th and

0:11.2

Mark and I decided that we didn't have enough to do because we're both

0:15.5

pulling our hair out doing different sorts of things all day long but this is a

0:20.4

crazy time and the sound quality of this might indicate that something different is going on because why the

0:28.8

CBS News Broadcast Center where we put our show together has been closed because a few people have

0:36.4

coronavirus. So we thought this would be a great opportunity to talk about

0:41.6

the bare market in stocks, the potential for a recession, and

0:45.4

answer any questions that you might have. So let's do a couple of these questions

0:51.5

and if you need some help or you need some hand

0:54.6

holding you just want a little release. Why don't you just send us an email?

0:58.6

Ask Jill at Jill on Money.com. Ask Jill at Jill on money.

1:04.9

Or you can always go to the website

1:06.4

Jill on money.

1:07.8

I did a bunch of television stuff during the week

1:10.5

so you can watch all those segments.

1:12.6

So almost in one, two or three minute sound bites,

1:15.6

you'll figure out how you can maybe gain some control

1:18.8

over the anxiety you're feeling.

1:20.8

So let's go to an email. This is from Helene who writes, I'm not panicking over the market,

1:28.0

although I have lost about 20 grand in my 403B over the past few months. I signed up for early retirement over five years ago

1:37.2

which would give me the same money as if I retired at 67. I have two years and three months left to go. My employer accelerated their

1:46.7

match of 8.5% and my accelerated 4.5%. Well there's a of money to putting away. I've also been adding an extra $400 to

...

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