How to Make Money in a Market Crash

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.6 • 2.8K Ratings

🗓️ 23 April 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Mike J. wrote us and asked: "We sold about $70k in pretax assets at the peak. How would you recommend we buy back in? Dollar Cost Average? Or wait for a low point?" We quick off this Q&A answering his question, including the Goldilocks Rule to DCA! Then stick around as we answer more of YOUR financial questions. Jump start your journey with our FREE financial resources Reach your goals faster with our products Take the relationship to the next level: become a client Subscribe on YouTube for early access and go beyond the podcast Connect with us on social media for more content Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Here's a timely one. How to make money during a market crash.
0:10.0	Brian, I am so excited about this.
0:12.0	And I know that sounds a little contrary, but a lot of times people get nervous and they get
0:18.0	freaked out and they get uncomfortably get uncertain but they recognize
0:21.3	hey i feel like there might be some opportunity here there might be some opportunity that i don't
0:26.6	want to miss out on and i love that you and i get to sit in this spot and we get to speak to that
0:31.1	i love that we get to speak to all kinds of questions that you guys care about because we
0:36.4	believe that there is a better way to do
0:39.2	money. So right now, every Tuesday at 10 a.m., we love that we get to load you up and answer
0:45.1	your questions. Today is no difference. So with that, creator-director Reby, I want to throw
0:50.4	it over to you. All right. Let's start with Mike Jay's question and talk about this. He says, we 32, have inadvertently sold about 70K and pre-tax assets at the peak.
1:01.8	Would you recommend we buy back in, dollar cost average, or wait for a low point and reinvest everything at once?
1:10.0	What do you think?
1:11.2	Okay.
1:12.3	First thing, look, Mike, I'm going to...
1:14.4	We have to scold him.
1:15.4	I'm going to pick on you because I, one, you're 32, so you were very young.
1:19.5	I do not understand how you inadvertently sold a bunch of assets in a pretext account.
1:26.0	Now, this was after tax.
1:27.0	Like, oh, I thought I was going to buy a house or I thought I was going to do this, whatever.
1:30.7	I get that one.
1:32.0	But inadvertently, inside of a pre-tax account, something seems awry here to me.
	...

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