Listen "Why Is This Market Different?"
Episode Synopsis
As 2022 draws to a close, we all know what an unusual market it was. There was a lot that was different, and the Pandemic, Politics, Conflict with other countries, and more all contributed to it. Technology, work from home, social media. Every bear market and economic downturn is different than the ones before it.It's important to remember our last downturn (not counting the brief one in March of 2020) was way back in 2008. That means, for younger investors, they may not have ever seen a down market since they began investing. Amy explains recency and primacy bias, and how to guard against each.Today, we talk about specific strategies -and opportunities - in a down market. These include lump sum investing vs dollar cost averaging, Roth conversions, and staying in the market.Also, you should be evaluating your portfolio differently based on your age and proximity to retirement. Amy explains.Want to learn more? Contact Amy and her team at 503-610-6510, or visit them online at https://thimbleberryfinancial.com/
To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.
To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.
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