The Day the Market Crashed
Rule Breaker Investing
The Motley Fool
4.4 • 959 Ratings
🗓️ 15 January 2020
⏱️ 41 minutes
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| 0:00.0 | So a few months ago I thought, you know, I want to do this, let's do this. |
| 0:04.1 | And so I got with my friend Chris Hill. |
| 0:06.8 | I said, Chris, would you be willing to do this with me? He said, sure, I think that would be a good idea. |
| 0:12.3 | And so the idea of doing something like what Orson Wells once |
| 0:16.2 | did with War of the Worlds for those who know it. If not, you can Google it. Check the |
| 0:20.8 | Wikipedia page and see, I thought that would be a good thing to do for the |
| 0:24.8 | stock market. |
| 0:26.3 | And without going too deep into that, because you're about to hear what we did, Chris and I |
| 0:30.6 | pretend this week that the market had a really bad last couple of days. |
| 0:38.0 | And so improving, ad-living, and being real with each other, what you're about to hear is what it might sound like if and |
| 0:44.9 | when, and by the way it's more a when than an if, that eventually happens. |
| 0:49.2 | I want to take Payne's dimension. |
| 0:51.0 | By no means are we predicting or thinking that the market is going to drop |
| 0:54.7 | anytime soon? It does happen naturally from time to time. We never know when it's going to |
| 0:59.1 | happen, but the purpose of this for you this week is to get you thinking about it. |
| 1:06.3 | For some of us especially new investors you may never have experienced a significant market drop. They do happen. And maybe not just to imagine what it would be like, |
| 1:18.0 | but to actually feel a little bit, what it might be like, and to realize that while others might be panicking around you and all of us naturally feel, |
| 1:28.0 | if not panic, at least deep disappointment when the market drops in the way we're talking about this week. |
| 1:36.0 | Processing that ahead of time and asking yourself, am I invested in a way that I would want to be |
| 1:41.8 | in good times, like the last 10 years and in bad, like what we'll talk about this week, are you ready? |
| 1:49.0 | This episode of Rule Breaker Investing is brought to you by Molecule. Molecule is |
| 1:53.7 | reimagining the future of clean air starting with the air purifier. For 10% off |
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