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Welcome to episode 45 of the Mind of a Millionaire podcast. This week, Zak shares his thoughts briefly on the market. As of today June 20th, 2019, the stock market closed at an all-time high (CNBC). Without fail, we always get the same questions during stock market high’s such as this one: should we sell? What should we do?
What does this high mean to investors? [0:38]
- Why are bond prices dropping? [0:58]
Is it better to sell or hold through the bad times? [2:04]
Should you continue to dollar-cost average? [2:51]
What’s going on in the economy? [3:03]
Accept the things we can’t change, and control the things we can (i.e., saving). [4:58]
Thank you for tuning in – hopefully this episode was able to shed a bit of light on the recent high in the stock market.
As Zak stated at the end of the podcast, please reach out for more of his thoughts on the stock market. He would be happy to share.
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The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
No strategy assures success or protects against loss.
Dollar cost averaging involves continuous investment in securities regardless of fluctuation in price levels of such securities. An investor should consider their ability to continue purchasing through fluctuating price levels. Such a plan does not assure a profit and does not protect against loss in declining markets.
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.