You were looking at the DOW Jones industrial average which is mainly what you see on television all the time. All of you maybe you went to sleep the night of November 25. And what's interesting is that proved out, once again, if you wait and you sometimes do nothing but observe and don't get freaked out because of these moves in the market, in the long run, you come off far better. Just let's see what happens on Monday, don't do anything, don't get crazy here, just let's wait. And on November 28 when I did the podcast I said to all of you just let's wait. So let's start with the markets, the overall markets, You know it was on November 26 when the market went down that 905 points that day. I need you to not have financial regrets because you've made investments and you don't even have a clue what you've invested in because some financial advisor just told you to do it and you did it. I need you to know how to view these markets. I need you to know about what to do at the end of this year. What am I going to do? What I'm going to do is this, I'm going to try to do this podcast because it's in this podcast that I have so many things that I need you to know. Yes I know I still have a sinus infection in a cold. On this episode, we go to Suze School for a lesson on the importance of having a diversified portfolio and why you should never buy a loaded mutual fund.ĭecember 12, 2021.
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