Money Wisdom

Coronavirus Impact on Financial Markets & Planning


Listen Later

We’re in the midst of an extraordinary time for our nation’s economy as the perfect storm of factors has led to a rapid selloff over the past few weeks. Fear is a natural feeling as you experience everything in the moment, but it’s important to keep perspective and think long-term. Joel will share what conversations we’re having with clients and what you can be doing for your financial plan.

 

Read more and get additional resources here: https://johnsonbrunetti.com/?p=5051 

 

Today's rundown: 

0:19 – Extraordinary times we’re living in. Joel gives his big picture view of the situation.   

1:27 – Don’t let fear or emotion drive you to make a decision right now.  

2:01 – Three things are happening at the same time to create this perfect storm.

3:02 – How is Joel handling things around the office as a small business owner?

6:06 – Clients need to know that they’re going to be okay. That’s what a strong financial plan will do.  

7:17 – We might not know why the market is going to drop, but we always know that the next downturn is inevitable. History shows us that.

10:25 – Your financial plan should not be dependent on the market going up every year.  

11:33 – How can someone reach out and what kind of conversation will you have with people that want to talk about what’s happening?

16:22 – Not everyone is panicking. Some people are looking at this as an opportunity. How are you guiding those people?

18:31 – If you think about selling, make sure you have a plan in place first so that move is just part of that plan.

19:41 – What are some other opportunities that people might want to consider right now?

...more
View all episodesView all episodes
Download on the App Store

Money WisdomBy Johnson Brunetti

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

21 ratings


More shows like Money Wisdom

View all
Sound Retirement Radio by Jason Parker

Sound Retirement Radio

443 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

803 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,289 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

538 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

748 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

543 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

678 Listeners

The Boldin Your Money Podcast by Steve Chen

The Boldin Your Money Podcast

196 Listeners

Retire With Purpose - The Retirement Podcast by Casey Weade

Retire With Purpose - The Retirement Podcast

585 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

817 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

199 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

946 Listeners

Life Starts at Retirement by Maureen Dobranski

Life Starts at Retirement

29 Listeners

The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

The Great Retirement Debate with Ed Slott & Jeffrey Levine

150 Listeners

Retirement Answers by Jacob Duke, CFP®

Retirement Answers

106 Listeners