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Money Guy Show

Stock Market is at an All-Time High! - Should You Be Worried?

Money Guy Show

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

Education, Investing, Business

4.73.1K Ratings

🗓️ 23 April 2021

⏱️ 52 minutes

🧾️ Download transcript

Summary

It's difficult to ignore market volatility. News about its rise and fall gets plastered on every news and media outlet. Many will even tell you what you should feel about it and how that emotion should affect your financial decisions. So, what's really going on with the stock market right now? Does the recent volatility and current all-time high mean we should be worried? How can we protect our finances and stay secure in the event of downturn? This episode unpacks all of these questions and more. For more information, visit: https://www.moneyguy.com/2021/04/stock-market-is-at-an-all-time-high-should-you-be-worried/(opens in a new tab) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Stock market all time.

0:02.2

Ha, should you be worried?

0:04.1

It's Brian Preston, the money guy, restoring order

0:08.1

to your financial chaos, retirement, investing, taxing.

0:12.9

You've got financial questions.

0:14.5

He's got financial answers.

0:16.4

It's Brian Preston, the money guy.

0:19.9

Brian, if I had to quantify the one question

0:23.3

that I get the most right now as a financial advisor,

0:25.8

I was at a thing this Saturday celebrating a birthday

0:29.7

party and the folks and they say,

0:31.7

what do you do for a living?

0:32.8

And I kind of say, oh, we did this little personal

0:34.8

finance show and do this thing.

0:36.6

And they're like, oh, hey man, stock market.

0:38.9

It's doing really well.

0:40.2

What do you think?

0:41.4

Should I be nervous?

0:42.3

What's going on?

0:43.2

Well, it's always a challenge.

0:44.2

When markets are hitting all time highs,

0:46.3

because you're excited because you're making money.

...

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