Listen "Ep 10: Just Grin and Bear It: Wealth building tools and analysis to help you survive a bear market and potential recession"
Episode Synopsis
In episode #10 of The Big Bo $how, Big Bo (a.k.a. Jason Blumstein, CFA) discusses ways to stay calm and not "freak out" during bear markets and talks of a potential recession. How this can be helpful in your journey to build long-term sustainable wealth. Topics Discussed:- Facts > Fear analysis of the history of bear markets and recessions- Ramifications of the stock market being a leading indicator- Ramifications of sentiment and confidence being a lagging indicator- Implications of the current market environment for HENWYs (High Earners Not Wealthy Yet)- Big Bo winning his local Smoke Brisket contest and how this relates to the current market environmentHope you enjoy the $how!Episode 10 Key Takeaways: 00:00 The key differences between a bear market and a recession. 4:47 Evaluating the past 15 bear markets in the US total stock market to illustrate the importance of unemotional investing. 07:09 Why it’s so difficult for investors to effectively time markets. 09:25 Advice for younger investors during periods of economic pain. 15:38 Why has the US stock market experienced positive returns in five of the past seven recessions? 16:49 Breaking down the concepts of leading and lagging indicators in stocks with a story about smoking brisket. The content is developed from sources believed to be providing accurate information. The information in this podcast is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.Julius Wealth Advisors, LLC (“JWA”) is a registered investment adviser located in Englewood, NJ. Registration as an investment adviser does not imply a certain level of skill or training. The publication of The Big Bo $how should not be construed by any consumer or prospective client as JWA’s solicitation or attempt to effect transactions in securities, or the rendering of personalized investment advice over the Internet.A copy of JWA’s current written disclosure statement as set forth on Form ADV, discussing JWA’s business operations, services, and fees is available from JWA upon written request. JWA does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.JWA is neither your attorneys nor your accountants and no portion of this podcast should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant.
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