The long bull run made a lot of people forget about the feeling of losing money but these turbulent times have reminded us that sometimes zero is your friend. Let’s talk the stats surrounding a correction and a bear market and what strategies you can incorporate into your financial plan to limit losses.

Read more and get additional resources here: https://wp.me/paQKv1-cB 

Watch the podcast video: https://youtu.be/5ze47X4QnaE 

Today's show schedule: 

1:46 – What we’re talking about on today’s show.

2:06 – Robert and Brian share something new they’ve done during quarantine.

7:12 – No one wants to lose money but it’s just as important to minimize losses as it is to grab gains.

9:27 – Correction vs Bear Market

10:55 – Markets have always recovered after a down period but what’s the duration?

13:24 - What are Warren Buffett’s two rules of investing?

13:55 - Buffett’s last big loss

14:45 - It’s a paper loss until you sell out.

16:12 - What percentage do you need to gain in order to get back to even? Let’s do some math.

19:09 - Why your allocation is so important once your’e in the retirement redzone.

21:34 - How have investors performed vs the S&P 500?

23:58 - Investor behaviors is what drives underperformance.

25:10 - Strategies you can utilize to improve investing.

26:31 - Rebalance your account every 6-12 months.

27:28 - Using the bucket strategy

29:26 - Adjusting your portfolio as you get older. The rule of 100.

30:27 - Diversification strategy

31:59 - Working with someone that can spot-check your work.

32:29 - How to get in touch with us with any questions.