We discuss the recent stock market turbulence, highlighting the Dow Jones' worst day since March and the declines in the S&P and NASDAQ. I delve into the impact of rising interest rates on stocks, explaining why this matters to investors. Emphasizing the importance of diversification and staying the course, I stress the strategy of dollar-cost averaging. I also draw on historical evidence to show that market downturns are opportunities for long-term growth. I invite you to join our community for more investment insights and encourage you to embrace market challenges, ultimately planning for long-term success.
👀 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.
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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.
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