Stock Crash Didn't Happen Today
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 24 October 2022
⏱️ 9 minutes
🧾️ Download transcript
Summary
Discover why a stock crash that some people were anticipating didn't happen today. Rumors of a stock market crash in the U.S. were running wild over the weekend, but markets moved up today.
Are you on track for financial freedom...or not?
Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle.
If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.
Your compounding rate, and how well you invest, matters!
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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Be wealthy and smart, episode 1,106. |
| 0:03.4 | I'm gonna live no rich life. |
| 0:07.4 | It's like, |
| 0:08.0 | If y'all know what I mean, put your hands up and declare with me |
| 0:14.2 | yeah I'm full of time I'm gonna live a good |
| 0:20.0 | good life |
| 0:21.0 | a beautiful and glorious night Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on, be wealthy and smart. And now here's your host |
| 0:36.0 | Linda P Jones. Welcome to be wealthy and smart. I'm Linda |
| 0:40.6 | P Jones America's Wealth Mentor. Empowering Women and Men Worldwide to Financial Freedom. |
| 0:45.7 | On today's show, we're going to talk about the stock market crash that was predicted, but didn't |
| 0:50.8 | happen today. And I purposely waited a little later to do this podcast |
| 0:55.0 | because I wanted to see how the market closed today |
| 0:58.0 | because the rumors were running rampant |
| 1:01.0 | all last week that Monday was going to be a huge crash. Well of course I |
| 1:06.6 | didn't believe that to be true and you've heard me be very bullish and take the |
| 1:10.6 | other side of that argument but I was very curious to see when this |
| 1:14.6 | rumor was reverberating around everywhere how that would impact markets if it |
| 1:19.8 | would at all. What we saw today actually was not American markets impacted, but we did see markets |
| 1:27.2 | overseas impacted. We did see Chinese markets down about 6% today, is quite a bit but the prediction had |
| 1:34.7 | been about the US stock market so I can't take that as a successful |
| 1:39.0 | prediction however the big news today was that in the UK there is a new Prime Minister who used to be the finance minister. |
| 1:48.8 | And what we know is going on in the UK is that they have had to go back to doing quantitative easing or |
... |
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