Apr 26, 2020
It’s Sunday, which means...It’s recap time!
This week, I talked about the importance of recognizing the predictable emotional patterns of the stock market to help you identify approximately where the stock market is at any given time, but especially to help you understand what a market bottoming process looks like.
Here’s what we covered in each episode this week:
Hopefully after listening to the One Minute Retirement Tip this week, you can recognize stock market crashes for what they really are: incredible opportunities. So when the rest of the world feels hopeless and depressed, take comfort in knowing that we are at or near the bottom. And hope and optimism are around the corner.
If you missed any of these episodes or if you want to revisit any of them, you can find them on iTunes, Spotify, or Google Play by searching for the “One Minute Retirement Tip with Ashley”. If you want more in-depth videos on retirement planning specifically for business owners and entrepreneurs, check out my YouTube channel - True North Retirement.
Tomorrow, we are starting a brand new theme: Top Financial Planning Opportunities To Take Advantage of During COVID-19. Market crashes aren’t just a time for buying low or taking advantage of the obvious planning opportunities like tax-loss harvesting. I’ll share with you some lesser-known planning opportunities that have come out of this current coronavirus crisis. Planning opportunities abound in everything from health care directives to budgeting to Roth conversions, and you may only have a short window of time to implement some of these strategies. So I’ll talk about several of these unique opportunities in next week’s tips.
That’s it for this week! Thanks for listening and I hope you have a blessed Sunday!
My name is Ashley Micciche and this is the “One Minute Retirement Tip”.
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