The Volatility of Market Cycles (Are you scared?), Money-Guy Podcast 6-15-2006
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 16 June 2006
⏱️ 40 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | It's Brian Preston, the money guy, with storing order to your financial chaos. Retirement, investing, taxing. |
| 0:09.0 | You've got financial questions, he's got financial answers. It's Brian Preston, the money guy. |
| 0:16.0 | Are you guys still out there or have y'all just given up on investing all together after the last two weeks we've had in the market? |
| 0:22.0 | First of all, let me tell you, I'm going to keep this very concise too because I know many of you are in an outer's meeting. |
| 0:28.0 | You want to come in and get the financial chaos topic and then jump right out. So I won't waste too much time. |
| 0:32.0 | But I went on vacation last week. Actually, it was down in Mexico all last week. |
| 0:36.0 | And what do you think I felt like every day when I walked in the hotel room at the resort and saw that the market was down like one and a half to two percent. |
| 0:45.0 | It seemed like a day. It was just dreadful, but we're back and I'm back from vacation. |
| 0:51.0 | And you know, I'm not trying to make any market correlations here, but you could look and notice as soon as I'm back from vacation, we've had two good days on the market. |
| 0:58.0 | But we won't go there completely. I haven't got my calls into Bernacchi or anybody else over the federal reserve or any of the stock exchanges. |
| 1:07.0 | But it is June 15th, 2006. And what we're going to talk about on the financial chaos topic today is the volatility of market cycles. |
| 1:15.0 | Are you scared yet? And the reason I'm talking about this is because we have had such a crazy two weeks here on the market that I think a lot of you are probably looking looking for a little reassurance to know that your thought process and this whole investing thing is just right for you. |
| 1:32.0 | Just to give you guys an outline, remember, we changed the format on the last show when we had Brandon Berner on. |
| 1:37.0 | Now we're going to do the financial chaos topic first. Following that, we'll do some just general updates on what's going on with the podcast, some of our goals, things that are good things that have happened for us. |
| 1:49.0 | And then last, we'll go wrap up with some subscriber email that we receive, you know, where people ask for general questions. |
| 1:56.0 | So you never know it's kind of a popery of what we're going to be receiving. So as you can see, we got a show that's just chock full of information today. |
| 2:03.0 | So let's jump right into the financial chaos topic. If you do want to contact me, this is the one part of the show. |
| 2:10.0 | I'm going to go ahead and give you this address now and I'll give it to you later when we do the subscriber emails. |
| 2:15.0 | But you can contact me at my email address at JBP at Preston-Cleveland.com. |
| 2:23.0 | And if you want to just go back and read these show notes later, you can pull us up on the website at some money-guy-gy.com. |
| 2:31.0 | You can go out there and pull up our show notes. I know many of you are downloading us from iTunes and I appreciate that. |
| 2:37.0 | So jumping into the, are you scared with these market cycles in the last two weeks? Let's talk about a few things. |
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