5 Things You Need to Know About This Horrible Stock Market
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When the stock market declines by 20% from its highs, it’s called a bear market. And boy, are we in one. In fact, we just suffered the worst January-to-June period in 52 years. Nixon was in the White House the last time stocks fell this much in the first six months of a year.
How did we get here, and what can we look forward to next? That’s what we’re talking about this week.
As usual, Stacy Johnson and I are joined by producer Aaron Freeman. Today our special guests are John Schneider and David Auten from the Debt Free Guys.
Remember, even though we sometimes talk about specific investments on this show, don’t take them as recommendations because they’re not. Before investing in anything, do your own research, and make your own decisions.
You can watch this episode below, or if you’d prefer to listen, you can do that with the player at the top of this article. Or, you can download the episode wherever you get your podcasts:
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What’s the deal with this bear market?
We’re in a bear market. What does that mean? Well, it means that a stock index you’re following is down 20% from its recent high. So how did we get here and why are stocks doing so poorly?
Should you invest during a down market?
It’s a scary time to invest, but does that mean you shouldn’t? We share our current investment strategies and talk about how you can make the most of a bear market.
Meet this week’s guests, the Debt Free Guys
John Schneider and David Auten / Money Talks News
David and John Auten-Schneider are the Debt Free Guys and hosts of the Queer Money podcast. They enjoy helping their community live fabulously, not fabulously broke.
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About the hosts
Stacy Johnson founded Money Talks News in 1991. He’s a CPA, and has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.
Miranda Marquit, MBA, is a financial expert, writer and speaker. She’s been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.
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