Trying to Time the Market

Jill on Money with Jill Schlesinger

Audacy

Investing, Education, Business, Self-improvement

4.6 • 1.9K Ratings

🗓️ 7 July 2021

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Deep down you know that trying to time the market is a bad idea, yet it's something you're willing to consider. Thankfully you reached out to Aunt Jill :)

Have a money question? Email us, ask jill [at] jill on money dot com.

Please leave us a rating or review in Apple Podcasts.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

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0:00.0	Are you ready for a Monzo Business Bank account?
0:03.3	Heather from the Accountant's Growth Club was?
0:05.3	Knowing what cash I have is really important.
0:08.0	And Monzo Business makes it easy.
0:09.8	It automatically puts 20% of my income into a tax pot.
0:14.0	When it's time to pay your VAT, I always know the money's there.
0:16.8	If you're ready for a Monzo Business account, apply today.
0:19.9	Just search Monzo Business.
0:21.5	Only sole traders or limited company directors in the UK can apply.
0:25.0	Get tax pots with Monzo Business Prove for £5 a month.
1:28.1	Website.
1:29.1	Here, today, we are talking to Jeff from Georgia with an age-old question.
1:34.8	Trying to time the market.
1:36.5	I'm 52 years old.
1:39.1	I've got a net worth of about $1.7 million.
1:42.7	Ding, ding, ding.
1:43.5	Great job.
1:44.2	Ding, ding, ding.
1:44.9	Yep.
1:45.9	Zero debt.
1:47.7	Within retirement accounts between my wife and I, we probably have about $750,000 in IRA,
1:56.1	401K, is that type of thing.
	...

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