Remember when you were spooked by April's market dip? Spencer and Jamie unpack how to discuss your feelings of panic this past April, stay calm, stick to your investing philosophy, and make smart moves post-crisis.

Key Takeaways:

• The S&P 500 dropped 19%, sparking fear, but headlines thrive on panic.
• Debriefing your emotional response helps clarify your strategy.
• Automate contributions to reduce emotional decision-making.
• Now's the time to create or revise your personal investing philosophy and asset allocation.
• You don't actually "lose" money unless you sell your shares when they're down.
• Long-term success comes from consistency, not reaction.

Action Steps:

• Reflect: How did you feel during the downturn?
• Write down your investing philosophy.
• Automate TSP/Roth IRA contributions and delete trading apps.

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If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email [email protected].

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