Your Wealth

Scott Phillips on why the crash is coming, and what you can do


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Market downturns are inevitable, and while ‘buying the dip’ is today’s maxim, it’s hard to hold your nerve when you’ve lost 30% or more of your capital. So what will you do when the market falls?

The Motley Fool’s Scott Phillips joins Your Wealth to share his thoughts on:

  • Where to keep your money when markets are risky
  • How much cash you need to ensure you’re optimising your portfolio
  • What sort of investments to hold when markets fall, and
  • What to do if fear is keeping you up at night.
  • You can access this and previous episodes of the Your Wealth podcast now on iTunesPodbeanSpotify or at nabtrade.com.au/yourwealth
     

    If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

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