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Be Wealthy & Smart

Why You Should Hold During Stock Market Meltdowns

Be Wealthy & Smart

Linda P. Jones

News, Business News, Investing, Business

4.8883 Ratings

🗓️ 19 October 2018

⏱️ 18 minutes

🧾️ Download transcript

Summary

Learn why selling can be a huge mistake, how a few days can make a huge difference and how to reduce risk.

 

The link to my Forbes.com article is here: https://www.forbes.com/sites/nextavenue/2018/10/16/what-to-do-after-a-stock-market-crash/#59fc579f77df

Wealth requires knowledge + action.

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Transcript

Click on a timestamp to play from that location

0:00.0

Be Wealthy and Smart, episode 472.

0:02.8

I'm gonna live no rich life.

0:06.6

Rich life.

0:07.6

Pull the best life.

0:09.6

If y'all know what I mean, put your hands up and declare with me

0:13.6

Yeah, I'm full of faith

0:16.0

ech, yeah, I'm gonna live the good life

0:21.0

A beautiful and glorious life Good Life.

0:25.0

Step into a world of wealth and financial freedom without budgets, boredom or bosses, on be wealthy and smart. And now here's your host, Linda P. Jones.

0:37.0

Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor. Empowering

0:42.0

women and men worldwide to Financial Freedom.

0:45.4

On today's show, we're going to talk about why you should hold during stock market meltdowns.

0:50.8

And this is kind of a follow-up to the last podcast I did, which was two

0:55.9

podcasts ago, called preparing for the next stock market crisis. And I wrote about that and podcasted about that because it's so important to know how to be a good

1:08.8

investor and what to do when you have extreme volatile situations because as an investor you're going to have that.

1:16.3

It's just a part of investing.

1:18.1

You're going to have high highs and you're going to have low lows.

1:22.2

But let me tell you something really exciting

1:24.0

that happened yesterday.

1:26.2

I knew there was an excerpt from my book

1:28.1

that was going to be published on a website called Next Avenue.org,

1:32.2

which is the public broadcasting system or PBS website.

...

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