Ep. 45 Can You Weather the Financial Market Storm Find Out
Are you able to weather the financial Market Storm? Much of it depends on what you do during econoimic downturns and what your risk tolerance is.
If you would like to check out your Risk Tolerance, you can do so here: https://forms.office.com/r/PBJPmFAzVM
If you worry when the market goes down, you are likely to lose money. It's a natural reaction, but it's counter intuitive to the way the market goes. If you get out when the market goes down, you suffer losses and then when you are waiting on the sidelines and the market goes back up, you lose money which will result in less of a return in the long run.
If you want to learn more, check out www.redbarnfinancial.com or reach out for a complementary conversation at www.calendly.com/spmoran You can also call or email Sean Moran at 615-619-6919 and smoran@redbarnfinancial.com respectively.
Disclaimer- The information in this podcast is for informational purposes only. Each person's financial situation is different. You should consult a financial advisor before making important money decisions. The information in this podcast is not tax, legal or investment advice.