The Money Script

The majority of Americans are experiencing stay-at-home orders from local governments right now. COVID-19 has infected hundreds of thousands of Americans. 80% of the illnesses are mild; but unfortunately, for the other 20%— the results range from hospitalization to death. Quarantined with small children & family members, fuses can run short. In this episode, Rhea Pitre, (Life & Relationship Coach) discusses tips and strategies you can implement with your loved ones. You can find Rhea hosting weekly shows on YouTube —Rhealism: Real Life, Real Love, Real People, Real Relationships!

www.rhealism.com

Let's all do our part to flatten the curve!

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In this episode, Alicia and Yohance discuss how they are staying busy with the increased time at home. We are all doing our part to help flatten the curve of COVID19.

This pandemic is possibly the greatest challenge we will face in our lifetimes. Please encourage your friends and family to do their part and reduce the rapid spread of this disease. If you don't know what to do while you are home, we have some tips for you! 

Please visit the CDC website for information on how you can help fight the spread and take care of yourself.

https://www.cdc.gov/coronavirus/2019-nCoV/index.html

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Things are moving extremely fast. In the 48 hours since we recorded this episode, the CDC has urged the people of the US to cancel or postpone any events with 50 or more attendees for the next eight weeks. The Federal Reserve has moved the target Fed-Funds rate to 0% and launched a $700 billion quantitative easing program. As of the pre-markets, it appears we will give back the bounce we received on Friday the 13th.

Our guest is Dr. Elizabeth Fagan, an Emergency Room Physician in Dallas, TX. Liz, (as she humbly prefers), has been on the front lines saving lives in our community for more than 25 years. She is going to give us the history of Coronavirus, teach us the virus's new name, and give us tips on how to protect ourselves and loved ones.

If you are looking for up-to-date information about COVID-19 (Coronavirus), please visit the CDC's website. Please stay safe, let's #FlattenTheCurve

https://www.cdc.gov/coronavirus/2019-nCoV/index.html

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It's been historical times. Get a break from all the pandemonium. Join us for a moment to take a breath, get centered, grounded, and calm.

Everything is going to be ok. This too shall pass. 

Stay calm. Stay healthy. Practice healthy habits. 

Music by: Chris Collins, indiemusicbox.com

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On March 11, 2020, the Coronavirus (COVID-19) was declared a global pandemic by the World Health Organization. The NBA season has been indefinitely suspended, travel from Europe has been suspended for thirty days and Americans are all over social media fighting in the grocery aisles over toilet paper.

The markets continue to digest the bad news by having the most volatility and fastest 20% drop in value in history. Welcome to the Bear Market.

Now that you have all of that toilet paper in your closet, what should you do with your investment portfolio? I'll discuss this and more in this episode.

Remember, it's just a bear market, not an actual bear in your house.

Please wash your hands with soap for at least 20 seconds. Avoid touching your face. If you are sick, stay home. Listen to the recommendations of local officials and the CDC. Protect yourselves and your loved ones.

Need a portfolio review? Schedule your complimentary consultation.

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Let's start with the headlines. Correction, the US Market is not in a Bear Market, it is in a Correction. Let's talk about what a "stock market correction" is and other scary terms like "recession" and "Bear Market".

It's not the Zombie Apocolypse, it's the Coronavirus, a serious disease that will cause misery and suffering for many. This too shall pass. We are resilient. We are smart. We (by 'we' I mean society) have survived through many epidemics before today. There is a good chance the large majority of us will survive this one too. Again, if it were the Zombies, there would be a need to panic, this isn't that.

This conversation with Tony Moze, CEO, and Founder of Tony Moze, Rapper, Author (soon), Edutainer, Passion Promoter, The Rhyming Book Reviewer, Podcaster, Host, Father... he is doing it all with passion, purpose, and a dedication to service.

Need help with your portfolio? Check out our website to schedule your complimentary portfolio review. https://www.moneyscriptwealth.com

Songs referenced:
Mathematics, Mos Def (Yasiin Bey)

Books referenced:
Rich Dad Poor Dad, Robert Kiyosaki

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Psychologically, the human reaction to a Bear Market and a real Bear in the woods is the same: fear. Our response is typically flight or fight. It's not our fault, we are hard-wired that way. 

Today was a volatile day in the markets. The Dow Jones Industrial Average dropped over 1,000 points. The S&P 500 wiped out the entire gains for the year (albeit it's only February). There were roaring bears and scary big red numbers and down arrows on every news station.

So what? 

In today's episode, I'll help you reframe today's events and perhaps future market drops as well. Yes, this will happen again, and again, and again. It's what the market does. It goes up, it goes down, it goes back up. 

I'm not going to talk Alpha or Beta or Sharpe ratios or any other technical terms. This is about managing your emotions and controlling your behavior. I will do a little bit of simple math, just to help you put today (and other down days) in perspective.

Let me know what questions you have. Stay calm and carry on.

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This week The Money Script sits down with Ashley Bowden, host of After BuzzTV.

Ashley and Yohance discuss the benefits of dollar-cost averaging, diversification, why stock prices rise and fall, and how to be smart about investing. He'll give his input on using apps like RobinHood to invest and get the best out of similar apps. They'll discuss what you can learn about stock investing from Eddie Murphy in "Trading Places."

Send your financial questions to @themoneyscript on IG or Twitter to be featured on a future episode! 

Remember, stock investing involves risk. Talk to a professional first!

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This week The Money Script sits down with Kory Kavanewsky, Senior Loan Officer with CMG Financial, a mortgage originator.

Kory and I discuss how we both ran up our credit cards at age 18 and how we are trying to prevent our kids from making similar mistakes. We discuss some of the biggest misconceptions about getting a mortgage and why a lower interest rate isn't always a good thing. Kory also shares a unique mortgage called the "All-In-One", a product designed to help people pay off their mortgage faster!

Kory Kavanewsky can be reached directly at 619.554.1327 for your mortgage inquiries.

NMLS #1820
Individual NMLS #284503
http://nadoloans.com/

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In this episode of The Money Script Podcast, host Yohance Harrison sits down with Bilal Little, founder of The Money Standard, to discuss the transformative power of financial literacy. From overcoming adversity to adopting an investor mindset, Bilal shares his journey from food stamps to financial independence. Discover actionable strategies for building wealth, prioritizing personal finance, and shifting from consumer habits to investment growth. With inspiring stories and practical advice, this episode will equip you to rewrite your own "Money Script" and create a legacy of financial freedom. Don't miss these game-changing insights for your financial future.

Bilal can be reached on IG @bilalslittle

Books referenced:
The Go-Giver, John David Mann

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