It’s Sunday, which means...it’s recap time here on the Retirement Quick Tips Podcast

This week the theme was: Don’t Just Sit There. Do Something! 

I shared with you actionable ideas so you don’t just have to sit there and do nothing while the stock market is reeling. 

In case you missed any episodes, here’s what I covered this week:

• Rebalancing
• Tax Loss Harvesting
• Roth Conversions
• Selling Your Dogs
• Putting Cash To Work

The most important takeaway from this week is: that when things are falling apart in the stock market, there’s a strong urge to do something about it. The absolute worst thing you can do is sell and go to cash, especially now when your investment portfolio is down 10-20%. So when you still feel the natural need to do something about this downturn, turn that angst into something profitable and productive by doing the things that can help you take advantage of the current downturn and come out the otherside with a stronger and better portfolio. 

Tomorrow, come on back because we’re starting a brand new theme: 5 Lessons: “From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life”. I recently finished reading this brand new book from Arthur Brooks, published just a few months ago. 

I really enjoyed this book, which serves as a guide for the 2nd half of life, and how to find meaning and purpose as your skills and abilities change as you age. 

The book uses the wisdom and research found in social science, philosophy, theology, and eastern wisdom, as well as dozens of interviews with everyday men and women, to illustrate how true life success is well within our reach.

This practical guide is one of the best books I’ve read on preparing for retirement, so next week I’ll be sharing with you my top 5 lessons that I learned from this book and how you can apply them to your life. 

Also, I’ll be giving away a few free copies of this book, so be sure to listen in each day next week to find out how you can get your very own copy for free. 

Thank you so much for listening this week! If this podcast is valuable for you, please share the show with a friend, a neighbor, your brother, or co-worker who is getting close to retirement. Just go to your favorite podcasting app, hit the share icon, then text or email the show link to someone you know who is eyeing retirement. 

Thanks for sharing the love and spreading the word. I hope you have a blessed Sunday. My name is Ashley Micciche, this is the Retirement Quick Tips Podcast.

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance