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Money Guy Show

Is the Bear Market Over?

Money Guy Show

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

Education, Investing, Business

4.73.1K Ratings

🗓️ 29 March 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

Is there any way to know if the stock market will do better this year than last year? And how should a financial mutant think about investing during a bear market? We'll walk you through that question and more in today's Q&A episode! Watch more exclusive content only on YouTube! Visit our website - Get our FREE financial resources - Check out our course, Know Your Number! - Sign up for our Financial Order of Operations course - Get easy to understand answers to your financial questions Follow us on social media! -Instagram -Twitter -Facebook -TikTok Watch more exclusive content only on YouTube! Visit our website - Get our FREE financial resources - Check out our course, Know Your Number! - Sign up for our Financial Order of Operations course - Get easy to understand answers to your financial questions Follow us on social media! -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

Shondra's question is, should a financial mutant consider rebalancing more when they

0:12.8

are in step seven of the food?

0:16.0

Does it matter when or why you should rebalance?

0:18.5

And I kind of like the frame this about like where in the food should you start to consider

0:22.6

this?

0:23.6

What do you guys think about that?

0:24.6

So here's what I think is really, really, really interesting about rebalancing that we

0:27.1

did not talk about in the actual show that I think is so important.

0:32.8

All of us, when it comes to investing, we are emotional, right?

0:37.0

We're warned, Buffett, he talks about the fear thing and the greed thing.

0:40.1

And it's really, really difficult when it comes to making decisions that we end up getting

0:45.0

emotional about it.

0:46.6

Maybe we bought that S&P and we just happened to buy it in the last downturn.

0:50.4

Boy, is it done really, really well?

0:52.1

And it's been so good to us and is driving our performance and the thought of rebalancing

0:55.8

and selling it just, oh, it gets angsty and maybe it has a little bit more to go.

0:59.8

So maybe I won't rebalance this month.

1:01.3

I'll do it next month and maybe I'll push it off and maybe I'll push it off and maybe

1:03.9

I'll push it off.

1:05.2

We all fall victim to that.

1:06.9

If you're someone who invests in individual stocks, you maybe know this more than ever because

1:11.4

you get married to those stocks that you buy.

...

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