116: Long-Term Investing: Coronavirus Changes Nothing with JL Collins

116: Long-Term Investing: Coronavirus Changes Nothing with JL Collins

The stock market is up, then down, then down, then up. What is an investor to do? Today we bring JLCollins from JLCollinsNH.com back to the show to calm our fears and help us understand what is happening with the stock market. The market is falling. Or maybe today it’s rising. It’s SO VOLATILE, it can be scary to stay invested - especially if you’ve never been through a market downturn. JL expertly explains what’s going on - and his recommendations for the best course of action - based on 40 years of investing in the stock market (and making a boatload of mistakes along the way.) Long story short, stay the course. 105 years of historical stock market data says this too shall pass. While JL is an expert on the stock market, he doesn’t invest in real estate, so Scott and Mindy share their views about the real estate market and what this current stock market volatility might mean for real estate investors. They also share ways to hedge your bets in rental property investing through fully funded reserves. If you’re freaking out about the stock market, this episode can help calm your fears and keep you on the right course to give you the most chance for financial success. In This Episode We Cover: Why are people freaking about the crash How one should handle this market drop if you risk losing your job When to prepare emergency funds and how much to put into it Why you should hold your portfolio forever What an Index Fund is Why it is important to "ignore" the market How index outperform stock picking How one can never time the market How those who say they predicted the market only did it because of luck The only time the market is not going to recover... And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Money Podcast 20: The Simple Path to Wealth—Index Funds Explained with JL Collins Mr. Money Mustache Taking advantage of Mr. Bear A Guided Meditation for When the Stock Market Is Dropping Stocks — Part XXXII: Why you should not be in the stock market Time Machine and the future returns for stocks Pinterest Dow Jones - DJIA - 100 Year Historical Chart | MacroTrends BiggerPockets Money Podcast 95: The House Hacking Strategy with Craig Curelop BiggerPockets Money Facebook Page Mindy's email Scott's email Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaksot(744)

JL Collins: The “Simple” Path to Wealth, FIRE, and Stress-Free Investing

JL Collins: The “Simple” Path to Wealth, FIRE, and Stress-Free Investing

The Simple Path to Wealth is arguably the most influential book in the FIRE movement. JL Collins, its author, is revered among early retirees as one of the trailblazers for FIRE, showing that anyone, ...

13 Touko 202555min

How to Create Huge Tax Savings Funding Your Kid’s College (& FIRE on Time!)

How to Create Huge Tax Savings Funding Your Kid’s College (& FIRE on Time!)

Paying for college is one of the biggest financial hurdles families face—even as you’re chasing or approaching FIRE. What’s the smartest way to save for higher education while also securing your finan...

9 Touko 202550min

I Retired Early in My 40s WITHOUT Withdrawing from My Portfolio! | Life After FIRE

I Retired Early in My 40s WITHOUT Withdrawing from My Portfolio! | Life After FIRE

You CAN retire early in just ten years IF you save and invest enough. Fortunately, your retirement expenses may be less than you think. Chris Luger, from Heavy Metal Money, didn’t think about retiring...

7 Touko 202534min

The 4% “Rule” is Wrong for FIRE—Here’s a Better Alternative

The 4% “Rule” is Wrong for FIRE—Here’s a Better Alternative

For decades, the 4% rule has been the calculation every FIRE chaser has used to determine when they can retire early—risk-free. The math is simple: have a portfolio big enough to withdraw 4% per year ...

6 Touko 20251h 7min

How to Build (and Enjoy) Your “Dream” Life in Early Retirement | Life After FIRE

How to Build (and Enjoy) Your “Dream” Life in Early Retirement | Life After FIRE

What if you reached financial independence…before knowing what it was? That’s what happened to Chris Rusin. After discovering the FIRE movement and stumbling across Mindy and Carl’s blog, he realized ...

2 Touko 202526min

The Single Biggest Risk That Could Stop Your Early Retirement (& How to Dodge It)

The Single Biggest Risk That Could Stop Your Early Retirement (& How to Dodge It)

You’re part of the FIRE movement (financial independence, retire early) so you can quit your job, have complete time freedom, and truly enjoy your life. But what if early retirement isn’t all that it’...

29 Huhti 202549min

We Paid Off $500K in Debt: Now We’re on Track to Retire (Early) in Our 50s

We Paid Off $500K in Debt: Now We’re on Track to Retire (Early) in Our 50s

Fear that early retirement is out of the question because you have too much debt? It’s not game over. Whether you’re debt-free or still chipping away at your student loans, today’s guests are proof th...

25 Huhti 202554min

Healthcare Hacks That Could Save You Thousands on the Journey to FIRE

Healthcare Hacks That Could Save You Thousands on the Journey to FIRE

Wealth and health are closely intertwined, especially here in the US, where the high cost of healthcare can put significant financial pressure on families. But is there a remedy to these exorbitant ex...

22 Huhti 202535min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
ostan-asuntoja-podcast
rss-rahamania
rss-lahtijat
rss-startup-ministerio
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rahapuhetta
rss-rentotapaus
rss-sisalto-kuntoon
rss-porssipodi
sijoituspodi
rss-lain-elamaa
rss-rikasta-elamaa
rss-tuottava-ja-hyvinvoiva-pk-yritys
rss-asiakaskokemusklubi