Welcome back to another episode of the Denver Wealth Management podcast. Don’t hesitate to send us any questions you may have about the market or the current economy and then tune in to hear our answers.
What is market volatility? Is it bad?
How to protect against a five percent pullback in the market?
What is dollar-cost averaging?
EDIT: Zach references the S&P dropping in 2008 by 54.6%. It actually dropped 56.4% in total.
“The time to be greedy is when others are fearful and the time to be fearful is when others are greedy.”
S&P 500 returns for the previous 50 years:
Thank you for listening this week; we hope you enjoyed! Don’t forget to check out our Twitter: @DenverWealth and our website to join the DWM email club.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
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.
No strategy assures success or protects against loss.