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When the stock market declines by 20% from its highs, it’s called a bear market. And boy, are we in one. In fact, we just suffered the worst January-to-June period in 52 years. Nixon was in the White House the last time stocks fell this much in the first six months of a year.
How did we get here, and what can we look forward to next? That’s what we’re talking about this week.
As usual, Stacy Johnson and I are joined by producer Aaron Freeman. Today our special guests are John Schneider and David Auten from the Debt Free Guys.
Remember, even though we sometimes talk about specific investments on this show, don’t take them as recommendations because they’re not. Before investing in anything, do your own research, and make your own decisions.
You can watch this episode below, or if you’d prefer to listen, you can do that with the player at the top of this article. Or, you can download the episode wherever you get your podcasts:
Don’t forget to check out our podcast page for more episodes designed to help you make the most of your money and our YouTube page for more videos.
What’s the deal with this bear market?
We’re in a bear market. What does that mean? Well, it means that a stock index you’re following is down 20% from its recent high. So how did we get here and why are stocks doing so poorly?
Should you invest during a down market?
It’s a scary time to invest, but does that mean you shouldn’t?…
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