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cover of episode What To Do With Your Investments In a Down Market with Jean Chatzky and Karen Finerman

What To Do With Your Investments In a Down Market with Jean Chatzky and Karen Finerman

2024/8/6
logo of podcast HerMoney with Jean Chatzky

HerMoney with Jean Chatzky

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Shownotes Transcript

In this special episode, Jean Chatzky is joined by professional investor and cohost of our InvestingFixx club), Karen Finerman. They’re talking about what the heck is going on with the stock market right now.

With tech stocks plummeting and recession fears looming, Jean and Karen emphasize the cyclical nature of markets and the importance of staying calm in a downturn. They share their extensive experience with market fluctuations and offer practical advice on managing your investments during turbulent times. 

Interested in learning more about investing in the stock market alongside hundreds of other women? Join us every other Monday night on Zoom and learn more at investingfixx.com).

Takeaways:

  • Don't panic and fall for herd mentality during market fluctuations.

  • Review your holdings and look for opportunities during market downturns.

  • Control risk by avoiding leverage and being in charge of your positions.

  • Consider making IRA contributions and buying stocks on sale during market drops.

Chapters:

0:00 Intro

7:11 Market Reaction to Bad Jobs Report

8:24 Concerns About Achieving A Soft Landing

10:57 Challenges with the Yen

13:10 Warren Buffett's Apple Stake

15:15 Comparison to the Market Crash in 1987

18:43 Advice on Market Volatility 

23:53 Risk Management in Trading

27:25 Investing Strategy During Market Downturns

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