We dive into the recent market fluctuations, opening with a reflection on the previous day's significant market downturn and subsequent partial recovery. Emphasizing the resilience of the market, we draw on insights from a recent interview with author Morgan Housel, discussing the inevitability of market cycles and the potential for corrections. Exploring various metrics, including stock market to GDP ratios and PE ratios, we highlight the current overvaluation and raise thought-provoking questions about the future. Throughout the discussion, we stress the importance of embracing downturns as opportunities for strategic investing, encouraging viewers to adopt a mindset that sees market fluctuations not as crises, but as chances to secure valuable assets at lower prices.
👀 Watch our Stock Market for Beginners Series. This series is your complete guide to getting started investing in the stock market correctly so you can avoid 99% of investor mistakes. We will teach you the basics of investing, setting up your brokerage account, and buying your 1st stock.
👕SECURE THE BAG (maybe even an AUTOGRAPHED one)! Buy Everything Money merchandise here: https://everythingmoney.store/ _____________________________________________________ ⚠️ By watching videos posted on Everything Money’s YouTube channel and/or using EverythingMoney.com, you acknowledge that you have read, understand, and agree to the following:
Everything Money is Not an Investment Advisor: Everything Money (including Paul, Mo, and Any other person including, but not limited to, other staff members, guests, personalities, etc.) is not an investment adviser, and it is not registered as such with the U.S. Securities & Exchange Commission or any other state or federal authority under the Investment Advisers Act of 1940 or any other law. The investments and strategies discussed in Everything Money’s YouTube videos and on Everythingmoney.com are not and should not be considered investment advice and may not be suitable for you. They do not take into account your particular investment objectives, financial situation, needs, or personal circumstances and are not intended to be specific to you. Before acting on any investment or strategy discussed, you should always do your own research and make your own independent decision about whether it is suitable for your particular circumstances. You should also consider seeking advice from your own legal, financial, tax, accounting, or investment advisers. Everything Money does not provide such advice.
