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What to Do (And Not Do) When the Market Drops
Manage episode 476105568 series 3469266
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The headlines are loud, the markets are messy, and your gut might be telling you to do something — anything — right now. But what should you actually do when your portfolio takes a hit?
Instead of guessing what’s next or obsessing over breaking news, David walks you through four critical questions every investor should ask during turbulent times. From re-evaluating your plan and risk tolerance to exploring rebalancing and tax-loss harvesting opportunities, this episode gives you practical ways to stay grounded and focused. Don’t miss this important conversation as David covers what to do and not do in an unpredictable market.
Here’s some of what we discuss in this episode:
📉 Why now is the time for a gut-check, not a panic move
⚖️ How to re-align your risk tolerance with reality
🔁 Smart moves: rebalancing and tax-loss harvesting
📺 What unhelpful behaviors to avoid
🧠 Why the best strategy might be to do nothing
For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.
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