You're going to make a plan and you should set anchors. So, you know, the average bear market lasts about a year and is a 35% drawdown.

So what you can do to front-run a recession is to look at your positions and stocks for example and just cut off 35% and then just reflect how you'll feel and how you'll change your lifestyle or whatever and say, okay, that's a realistic downside scenario.

I hope it doesn't happen, but if it doesn't happen,

then you're happy.

If it does happen, you expected it, right?

And you just adjust your life accordingly.

You know, so for me, I've I've lpped off 30% of my net worth.

So okay 30% of my net worth done gone incinerated into thin air.

How will I change the way I live and I decided I'm actually going to spend more

money because that pisses me off that I'm losing all that money in Tider.

I'm going to I'm going to try to spend it on my experiences and things so I don't lose it to the market as much.

It's everybody's different but you set anchors you set goals. You plan accordingly

What is up you sexy bastards? It is your boy Godzilla aka robot count loose aka no kegan

Today's episode. I talk to my good buddy Sam Dogan aka Robe Count Loose, aka Noo Caygan.

In today's episode, I talk to my good buddy Sam Dogan,

who runs one of my favorite financial sites,

The Financial Samurai.

Like many people, Sam lost his job

and lost a ton of money in the 2008 market crash but he

created that with him being super successful and kicking him in the butt which he

started his blog which has led him on an amazing journey that I am so excited to share

with you especially if you had a day job and

...