Radio Show #24: The Market Dropped – Now What?

Market dips are an inevitable part of the financial landscape, and understanding them can help you navigate these turbulent times with confidence. Terms like bear markets, recession, and depression get used a lot and can seem a bit scary on the surface, but knowing what it all means can help you navigate a market downturn with patience and confidence.

In this week’s show, Scott and Shawn discuss the intricacies of market drops, explaining what they mean and how you can prepare for them. They discuss various market events such as corrections, bear markets, recessions, and depressions, breaking down what each term means and how often these events occur.

The show also touches on the emotional aspects of investing, the importance of having a well-structured portfolio, and actionable steps to prepare for market volatility. Plus, we’ll share insights on the recent market dip and discuss why it’s important to stay calm and make informed decisions during turbulent times.

Here’s some of what we discuss in this episode:

• Key definitions when it comes to market cycles.

• The origins of the terms bear market and bull market.

• How do we forecast and predict future markets?

• How we help our clients manage their emotions when it comes to investing.

• Understanding your risk tolerance and the risk level of your portfolio.

Book a 15-minute discovery call with the team here: https://calendly.com/ask-bulmanwealth or ask questions via email at ask@bulmanwealth.com.