Live Life Rich

108: How to Survive a Bear Attack/Bear Market


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The stock market today is a bear market.

What does this mean? Not only are stocks down but they are down 20 percent.

Over the last decade or so, we were in the opposite arena. We were in a bull market. You didn't have to know anything about stocks to make money off of them. You could just stick money in and get a paycheck out.

Today, however, we've gotta be a little smarter and we've gotta work a little harder. This episode is all about teaching you how to do that.

This information is going to teach you how to manage your cash flow in a bear market like this. These strategies will allow you to survive this bear market and come out of the other side unscathed.

You're going to want this. You're going to want to share it with your loved ones. You're not going to want to miss a drop of information in this series.

So tune in and we'll get started on the basics of surviving a bear market.

In this episode, you will hear:

  • Why you shouldn't run away from a bear market.
  • How to "avoid direct eye contact" with this bear market.
  • Why you should stand your ground.
  • The importance of remaining calm.
  • Investment always brings risk.
  • How to get your mindset right and stay hopeful.
  • Four things you can do right now to survive this bear market.
  • How to figure out where you can maximize your time, energy, and money.

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The E Myth by Michael E. Gerber: https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280

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Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com. Let them know I sent you.

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Live Life RichBy Marissa Nehlsen

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