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HerMoney with Jean Chatzky

HerMoney Headline: Dealing With The (Dizzying) Markets? Baffled By Bitcoin? We Talk With David Bach

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.81.3K Ratings

🗓️ 16 February 2018

⏱️ 31 minutes

🧾️ Download transcript

Summary

David Bach, author of the bestseller "Smart Couples Finish Rich" answers all of your questions on how to handle volatile markets (and trying to time them). We also discuss whether to dip a toe into Bitcoin or one of the other cryptocurrencies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an airwave media podcast.

0:04.0

Hi everyone, it's Jean Chatsky, and today we are going to focus on the markets.

0:10.0

As will become clear to all of you when we launched this show, it was actually taped a couple of weeks ago before the market started both its slide and its rebound.

0:20.0

And it will also become really clear that that doesn't matter at all.

0:25.0

My advice about how to invest for your long-term future has not changed in the last two days, two weeks, two months, two years, or although I've maybe

0:36.9

tweaked it a little bit, two decades.

0:40.2

And my guest, David Bach, feels the same way.

0:43.2

Take a listen.

0:44.0

Her money is made possible by Fidelity Investments.

0:51.8

Together we're encouraging you to always be in the front seat when it comes to your money.

0:56.3

Discover how at Fidelity.com slash front seat.

1:00.6

Her money comes to you through PRX.

1:03.0

Hey everybody,

1:05.0

Hey everybody, it's Jean Chatsky. Welcome to her money.

1:18.0

So I have been thinking like I'm sure so many of you have been thinking about the markets.

1:26.2

They are and I'm going to be really, really candid and honest here.

1:31.0

They're making me nervous, which does not mean that I'm doing anything

1:34.8

different with my investments but I have been tempted to I've been thinking about it. I know better, but it made me want to have a real in-depth

1:50.7

conversation about what do we do when it looks like we are ready for a

1:57.8

correction but because we can't time the markets as we all know that's, we don't know when it's going to come.

2:05.7

How do we navigate what look like very frothy equity markets in the context of our life goals, our financial goals, and our

2:19.5

ability to sleep.

...

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