How to Manage Stress & Anxiety During Volatile Markets With Dave Goetsch

Stay Wealthy Retirement Podcast

Taylor Schulte, CFP®

Financialplanning, Retirement, Money, Taxplanning, Stocks, Wealth, Business, Investing, Retirementplanning

2.4 • 606 Ratings

🗓️ 31 March 2020

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today I'm joined by Dave Goetsch, the executive producer and writer for "The Big Bang Theory."

Dave has battled with anxiety around money and investments for most of his life.

In fact, he sat in cash through 2008/2009 convinced the world was going to end!

Eventually, he latched on to an investing philosophy that shifted his mindset and alleviated his stress and worry.

Dave has also found a unique way of applying investing lessons he has adopted over the years to current events we are up against today.

If you're nervous about the financial markets and the global economy, you are going to love this episode.

Transcript

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0:00.0	Hey, everyone, really quick before we start the show, in today's episode, we mentioned one of my
0:05.0	favorite books, The Investment Answer, and I'm giving away 25 free copies to our listeners.
0:12.0	Given recent events, these will be Kindle versions of the book. Here's all you need to do.
0:17.3	Grab an iPhone or an iPad and leave an honest written review in the Apple podcast app,
0:23.9	not just a quick star rating, but a written review of this podcast. Take a screenshot of it
0:29.2	and email it to me at podcast at you stay wealthy.com. Thanks so much. On to the show.
0:35.9	This biggest idea of uncertainty is crippling. As humans, we're not good with dealing
0:42.0	with uncertainty. And I don't know if we've ever had more uncertainty than right now.
0:47.2	So it's a legitimate anxiety everyone has.
0:53.1	Welcome to the Stay Wealthy podcast. I'm your host Taylor Schulte. And today I'm joined by Dave
0:58.3	Geshe, the producer and writer of the Big Bang Theory, a show that was nominated for 46
1:04.2	Primetime Emmy Awards. He was also the executive producer for Third Rock from the Sun. And you might be wondering why a successful
1:13.1	Hollywood sitcom writer is on a retirement and investing podcast. But I promise you, you are in for a
1:18.8	treat today. Dave has had quite the journey in the finance world and he's learned the hard way
1:24.2	what not to do with his investments. He battled through severe anxiety through 2008 and
1:30.5	2009 and eventually latched on to an academic philosophy to managing money that really shifted
1:37.6	his mindset and helped alleviate a lot of his stress and worry about investing and the markets.
1:46.0	Dave also has a unique way of applying investing lessons that he's learned over the years to current events that we're up
1:52.1	against today. If you're nervous and anxious like everyone else in the world right now,
1:57.0	you're really going to enjoy this episode. For all the links and resources, head over to you staywealthy.com forward slash 67.
2:08.3	So my first question, my dad is a raving Big Bang Theory fan.
2:12.9	We buy him the t-shirts at Christmas time.
	...

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