MINISODE: When Stock Markets Dip and Bounce Back
In March of 2020, we saw the stock market tumble 30% in one month. In the following few months, we’ve gained most of that back. What is happening??
In this minisode (seriously, it’s less than three minutes!), Dustin recaps what a stock actually is — in case you’ve forgotten amidst all the panicked COVID-19 stock market talk — and how stocks are bought and sold. He discusses how people’s emotions cause those peaks and valleys in the stock market, and how you can avoid that dangerous herd mentality when it comes to your own investing.
WHAT YOU’LL LEARN
-
-
-
-
What a stock is
-
The basics of buying and selling stocks
-
How fear and greed cause swings in the market
-
Dustin’s secret to investing
-
-
-
Want more quick tips like this? Make sure you’re subscribed to the Wealth by Design podcast!
This material is for general information only and is not intended to provide specific advice or recommendations for any individual.
Resources & People Mentioned
-
-
-
- Dustin shares more stock market basics in Episode 7!
- More on fear, greed, and herd mentality in Episode 104
- Sign up for our free Know Your Numbers challenge!
- Check out our DIY Financial Planning Course
- Our YouTube Channel
- Schedule a free call with us — Are we a good fit for your financial planning needs?
-
-
Connect With Danielle and Dustin
What you need is a tool to help you get your finances all figured out, and that makes it easy to plan for the future — whatever that may be. And you need it to be easy enough for you to do by yourself.
No conflicting advice from the “money gurus” out there, no late night Googling. Just clear and simple financial steps you can take yourself.
You’re not ready to hire a financial advisor just yet...
Check out Wealth by Design™ DIY →
See if we’re a good fit by answering a few simple questions.
Ready to start your financial planning journey.
schedule your FREE CALL →
But… where do you even start? We’ve got you. Unlock all of our resources for free inside our resource vault.
You’re probably thinking this all sounds great...
Grab the password →
