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Ep#28 Stock Market Down! 7 Things to do
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What to Do When the Stock Market is Down
If you've checked your investment accounts lately and felt a little uneasy — you're not alone. But the good news? Market downturns don’t have to derail your financial future.
In this episode, I’m breaking down what really happens when the market drops, what a correction and bear market actually mean, and most importantly — what you can do about it. I’ll walk you through 7 smart strategies to help you stay calm, stay focused, and even find opportunity in the chaos.
I’ll cover:
- Why panicking is the worst thing you can do
- How to think about “stocks on sale” during dips
- The upside of doing Roth conversions when markets are down
- Strategic RMD planning for inherited IRAs
- Tax-loss harvesting in plain English
- Why rebalancing matters
- And why stopping your 401(k) contributions now could be a big mistake
My goal is to help you stay grounded and confident — no matter what the headlines say. So if you’ve been feeling nervous or unsure about your next move, this one’s for you.
Let’s dive in.
Helping you to be wise with your money!
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