What To Do With Your Investments In a Down Market with Jean Chatzky and Karen Finerman

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.8 • 1.3K Ratings

🗓️ 6 August 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this special episode, Jean Chatzky is joined by professional investor and cohost of our InvestingFixx club, Karen Finerman. They’re talking about what the heck is going on with the stock market right now. With tech stocks plummeting and recession fears looming, Jean and Karen emphasize the cyclical nature of markets and the importance of staying calm in a downturn. They share their extensive experience with market fluctuations and offer practical advice on managing your investments during turbulent times. Interested in learning more about investing in the stock market alongside hundreds of other women? Join us every other Monday night on Zoom and learn more at investingfixx.com. Takeaways: Don't panic and fall for herd mentality during market fluctuations. Review your holdings and look for opportunities during market downturns. Control risk by avoiding leverage and being in charge of your positions. Consider making IRA contributions and buying stocks on sale during market drops. Chapters: 0:00 Intro 7:11 Market Reaction to Bad Jobs Report 8:24 Concerns About Achieving A Soft Landing 10:57 Challenges with the Yen 13:10 Warren Buffett's Apple Stake 15:15 Comparison to the Market Crash in 1987 18:43 Advice on Market Volatility 23:53 Risk Management in Trading 27:25 Investing Strategy During Market Downturns Have a question for us? Write to us at [email protected]. While you’re at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! Thank you to Gainbridge® for supporting the HerMoney podcast. Gainbridge® created ParityFlex™, a multi-year guaranteed annuity, to offer women security and flexibility at a time when they need it the most—retirement. Learn more about ParityFlex™ here. The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney. Please contact [email protected] if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to an airwave media podcast.
0:06.0	Her money is proudly sponsored by Edelman Financial Engines.
0:09.0	When prices are soaring, it's more important than ever to check in with your investments and make sure
0:14.8	your money is working for you.
0:17.1	Discuss strategies for tackling all of life's rising costs with a complementary wealth
0:22.1	checkup.
0:23.2	Schedule years today at plan E.F.com slash Her money
0:27.6	or by calling 833304, PLAN. P-L-A-N.
0:38.4	Hey everyone, it's Jean Chatsky. Welcome to a special drop of the Her Money Podcast.
0:41.8	So it is Tuesday around Noonish and as I am taping this, stocks are up. They are not up as much as they were down on Friday and certainly down on Monday, but they're up.
0:59.6	And yet still, I know, I know that there are a lot of you.
1:04.6	There are many people who are in full financial freak out mode
1:10.1	because tech stocks seem to be falling out of the sky because Warren Buffett sold shares in
1:17.6	Apple because people are starting to utter the our word that would be recession and look here is what I want to say to all of
1:30.2	you we have to remember markets are cyclical. We have to remember that markets have been going up and up and up for a really long time. We knew that something was going to happen and they were
1:46.8	going to go down eventually. Did we know it would be this particular thing, this particular
1:54.8	grouping of events that we will talk about on this show. No, we did not know it, but we knew that
2:01.1	eventually something was going to happen to turn the tide, because this is just how it works.
2:10.0	And I have been there before.
2:12.0	Look, I'm getting old.
2:13.4	I'm gonna be 60.
2:14.6	I was at my desk in 1987 on Black Monday
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jean Chatzky Her Money, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jean Chatzky Her Money and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.