Investing and Retirement Planning for Turbulent Times (Ep 60)
In this episode of the Mind and Money podcast, Sherry and Val discuss the importance of investment diversification, particularly in light of current market volatility.
They explore the emotional aspects of investing, emphasizing the need for patience and a long-term perspective. The hosts offer practical strategies for managing investment anxiety and emphasize the importance of trusting financial professionals.
The conversation highlights the cyclical nature of markets and the value of dollar-cost averaging as a strategy for consistent investing.
Takeaways
Diversification is key in uncertain markets.
Investment decisions should align with personal values.
Market cycles can create emotional responses in investors.
Investing should be based on long-term goals, not short-term fluctuations.
Patience is crucial during market downturns.
Avoid making impulsive decisions based on market emotions.
The importance of having trust in your financial advisor if you are working with one.
Stay informed but limit exposure to overwhelming media.
Connect with us:
Book a free call with Val (financial planner): https://calendly.com/valerie-stratford
Book a free call with Sherry (financial coach): https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393
Val’s Instagram: http://www.instagram.com/you.me.and.money
Sherry’s Instagram: http://www.instagram.com/moneymindsetfc
Podcast Instagram: http://www.instagram.com/mind.money.adhd.podcast
Sherry’s TikTok: https://www.tiktok.com/@moneymindsetcoaching
investment, diversification, market cycles, emotional investing, financial planning, risk tolerance, dollar cost averaging, retirement planning, financial coaching, market volatility
