In this episode of The Ascent, Sam McGee, CEO of Crestmont Private Wealth, discusses the importance of long-term investing and maintaining perspective during market volatility. Drawing on historical examples like tariffs, bear and bull markets, the 2008 financial crisis, and the COVID-19 downturn, Sam explains why staying invested and managing emotions is crucial for financial success. The episode also covers behavioral finance, the value of diversification, and practical advice for weathering market corrections. For more resources or to get a copy of the referenced deck, contact [email protected]. 00:00 – Introduction: Meet Sam McGee and Crestmont Private Wealth00:31 – Reference to the investment deck and how to get a copy00:59 – Investing as a long-term game vs. speculation01:49 – Risks of investing and the importance of perspective02:16 – The impact of news headlines and market volatility02:45 – Example: 2002 steel tariffs and market resilience04:22 – 2018 US-China tariffs and market response05:05 – Lessons from market history: bull and bear markets since 195006:47 – The value of staying invested through recessions and downturns07:23 – The 2008 financial crisis: panic vs. patience07:55 – The COVID-19 crash and V-shaped recovery09:12 – Emotional decisions and the cost of panic selling10:06 – Diversification and building a robust financial plan10:32 – Market corrections: why they’re loud, and recoveries are quiet11:21 – The importance of being prepared for the unexpected12:31 – Recap: behavioral finance, history, and staying the course13:03 – Final thoughts, how to contact Crestmont Private Wealth, and closing remarks   Original Air Date: August 16, 2025 at 8:30am as heard on Boerne Radio 103.9FM Contact:  www.crestmontpw.com  Alec Walker in Houston:  831-280-5288  Sam McGee in Boerne: 830-368-2898 See omnystudio.com/listener for privacy information.

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