meta_pixel
Tapesearch Logo
Log in
Money Guy Show

How to Prepare for a Market Crash in 2022

Money Guy Show

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

Education, Investing, Business

4.73.1K Ratings

🗓️ 26 November 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

Could we be headed for another stock market crash in 2022?! Nobody knows when the next market crash will be, but it's important to prepare your money for anything. In this episode, learn how to manage fear and greed, and prepare your money and your emotions for the next market crash. Check out our website for more information. Subscribe on YouTube! Download FREE Financial Resources from the show Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

How to prepare for a market crash in 2022.

0:04.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:10.8

investing, taxing.

0:12.8

You've got financial questions, he's got financial answers.

0:16.4

It's Brian Preston, the money guy.

0:19.6

Yeah, Brian, I'm excited about this show because it seems like right now, the market has done well for a while.

0:26.4

Really, if you look at the great recession that happened in 2008-2009, we've seen some fits and starts.

0:32.4

We've seen fourth quarter 2018.

0:34.4

We saw the COVID downturn.

0:36.4

We've seen September of 2021.

0:39.6

We've not seen that extended, but I'm going to call the market downturn or recession, the big drop, the extended period.

0:46.4

A lot of folks are asking, man, is the next market crash right around the corner?

0:52.4

And if it is, what should I be doing about it?

0:54.4

This is the algae that everybody, the people who sit on the sidelines, the people who don't invest, this is their biggest fear.

1:02.4

They're always worried that the big ones right around the corner and they're going to invest their hard-earned money because we get it.

1:10.4

You work hard for your money and the sheer fear that you could put your money into something and then lose 30% of it in a matter of a month or two.

1:22.4

I think just scares the heavy TVs out of people.

1:26.4

We want to talk about, I think, a good way to set this whole concept up is that I think everybody needs to understand the unlikely or...

1:34.4

Let's just call them fraternal twins because they're not identical twins, but yin and yang a fear and greed.

1:40.4

Because these things are always together, a fear and greed.

1:42.4

They're human emotions, but they drive so many parts of your life.

1:50.4

Let's talk about fear and greed. We're running a financial show on the money guy show, but the whole concept of risk and reward, fear and greed will impact your dating life, how you parent your kids, the way you purchase and consume assets or spend money in life, your lifestyle, and then overall investment risk taking.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.