Stock Market Flash Crash Ahead?
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 16 October 2020
⏱️ 22 minutes
🧾️ Download transcript
Summary
Learn the 8 reasons why there is an increased possibility of a stock market flash crash on October 19th.
Are you investing well for financial freedom...or not?
As we live our lives, we have seen enormous money be made in real estate, technology stocks, etc. and have seen wild swings in markets before. They can feel scary at the time, but in hindsight are often tremendous opportunities for future financial success.
If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 2% or 10% on your money over 30 years, is the difference between it growing to $181,136 or $1,744,940, an increase of over $1.5 million dollars.
Your compounding rate, and how well you invest, matters!
INTERESTED IN THE BE WEALTHY & SMART VIP EXPERIENCE?
-Asset allocation model with ticker symbols and % to invest
-Monthly investing webinars with Linda
-Private Facebook group with daily insights
-Weekly stock market commentary email
-Lifetime access
-US and foreign investors, no minimum $ amount required
For a limited time, enjoy a 50% savings. More information is here or have complimentary consultation with Linda to answer your questions click here: https://2909395.survey.fm/application-for-vip-experience
PLEASE REVIEW THE SHOW ON ITUNES
If you enjoyed this episode, please subscribe and leave a review. I love hearing from you! I so appreciate it!
SUBSCRIBE TO BE WEALTHY & SMART
Click Here to Subscribe Via iTunes
Click Here to Subscribe Via Stitcher on an Android Device
Click Here to Subscribe Via RSS Feed
WEALTH HEIRESS TV
Please subscribe to Wealth Heiress TV YouTube channel (it's not just for women, it's for men too!), here.
PLEASE LEAVE A BOOK REVIEW
Leave a book review on Amazon here.
Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"
Men love it too! After all, you are Wealth Heirs. :)
Available for purchase on Amazon.
International buyers (if you live outside of the US) get my book here.
WANT MORE FROM LINDA?
Check out her programs.
Join her on Instagram.
WEALTH LIBRARY OF PODCASTS
Listen to the full wealth library of podcasts from the beginning. Use the search bar in the upper right corner of the page to search topics.
TODAY'S SPONSOR
I want to take a few seconds to tell you about how I "read" more books and stay ahead of the curve. It's by not reading books, but instead listening to them – like you are right now! With Audible, there are over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player and…your first audiobook is FREE!
I suggest you get the audio book of Think and Grow Rich, or you can check out my website Resources page where I list all of my favorite financial books and you see exactly what books I have read and recommend you read. Then get started with Audible by visiting https://lindapjones.com/FreeBook and order your first audio book free! Get Think and Grow Rich or another book from my recommend list, and be sure to get started checking off the books you want to read with your free book from Audible!
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.
(Some links are affiliate links. There is no additional cost to you.)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Be wealthy and smart, episode 788. If y'all know what I mean put your hands up and declare with me |
| 0:13.7 | yeah I'm full of time I'm gonna live a good life I'm gonna live the good life |
| 0:21.1 | a beautiful and glorious life Step into a world of wealth of wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.3 | be wealthy and smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor. Empowering |
| 0:42.3 | Women and Men Worldwide to Financial Freedom. |
| 0:45.1 | On today's show, we're going to talk about a little bit of a tough subject to bring up, but |
| 0:50.9 | something that's been on my mind and I want to at least mention the possibility |
| 0:57.5 | that we may be experiencing a flash crash ahead. Now a flash crash is very difficult to predict and it's not |
| 1:07.4 | something that is normal. It's not something that happens very often at all. Thank goodness. |
| 1:14.0 | It's something that can mean a devastating decline in one day. |
| 1:20.0 | So unlike what we saw in a very fast decline from February into March and where we hit our |
| 1:28.5 | March lows in just a few days and that was one of the fastest declines ever. This kind of a decline, a flash |
| 1:37.2 | crash, happens all in one day. It seems to come from nowhere and the market just continues to go down and down and down and |
| 1:46.0 | down and what happens is the computer programs kick in and once selling starts the computers are programmed to continue to sell and the |
| 1:56.6 | selling just goes on and on and on to shocking levels and it can create a panic and that panic really feeds on itself. |
| 2:07.0 | And you don't even need necessarily a real cause of this panic. |
| 2:13.6 | Again, the computers can just get triggered |
| 2:15.7 | from an interest rate spike or rumors. |
| 2:19.0 | There's nothing necessarily very concrete that has caused these collapses in the past. |
| 2:26.2 | I was around in 1987 and I remember that crash very well. |
| 2:31.1 | Over the weekend talked about interest rates spiking and by the time the market |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Linda P. Jones, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Linda P. Jones and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.