“We’re in unprecedented times in the markets.” It’s a phrase that Travis has been hearing a lot lately. Does he agree? Listen as he and Derrick dig into the volatile economic circumstances we’re experience as a result of COVID-19, and garner time-tested strategies for managing your investing and maintaining your financial health as change thunders around us. 

1:15–Money Problem:It was in the middle of hard economic times when Travis’ clientsstruggled to escape investor panic. 

2:10– Expert Examination: Travis and Derrick take you through all the financial considerations, worries, and expectations to keep in mind when making investment decisions during uncertain economic periods:  

• truth or fiction: these are unprecedented financial times; 
• defining a “bear market;” 
• why markets shift down; 
• searching for the market bottom; 
• advantages of dividends and dollar cost average investing; 
• recognizing and responding to market panic; 
• opportunity and investment adjustments in a down market; 
• investing excuses to ignore. 

19:50– Weekly Financial Fix:you’ll feel a different level of financial stress today and in the near future. Travis has a challenge to help you set aside some of that worry. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrickyour question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode.