Join Margaret Wittkopp and Jim Rosetti in today’s episode, they discuss the risks of timing the stock market. Mark Matson of Matson Money will tell you this:
If you build your portfolio to last for 20 years, you don’t have to worry about the next 20 months.
Listen in on this episode as Margie and Jim explore the misconceptions of market timing.
(3:31) Listener’s Corner – Inherited Stock
(11:40) Market timing works…well, it doesn’t. This is lie number two.
(13:50) Market timing is a fools’ game
(15:00) The likelihood of a well-diversified portfolio losing everything is unlikely
(15:50) American Dream Experience invite
(16:15 ) Who does make the right guesses for stock market success?
(17:20) There is no predicting the future
(19:00) Dealing with market ups and downs
(22:00) Should the News affect your investment decisions?
(23:30) Using a financial coach to help maintain a disciplined investment approach
Veritas Financial Services, LLC Website: http://veritasinvesting.com/
Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)