The theme for this week is: stock market cycles...explained. If you’re an investing novice, like the vast majority of Americans, the stock market and it’s wild gyrations can seem intimidating and confusing. But what if I told you that the cycles of the stock market are actually more regular than you think, and hence more predictable.

When you better understand how stock market cycles work, it becomes easier to decipher where we are in the current cycle and potentially profit from it by making smarter decisions with your money.

One of the most brilliant investors in the present day, Howard Marks, has a lot to say about market cycles. In fact, he wrote an entire book on the topic, published in October 2018 aptly named: Mastering the Market Cycle: Getting the Odds on Your Side.

I’ll link to his book in the show notes if you want to dive deeper into this topic.

But what does Howard Marks have to say about the current market cycle we’re in today. In an interview with yahoo! Finance in February, which you can find on YouTube, and I will also link to in the show notes, Marks poses an important question: “At this time, should you worry more about losing money, or more about missing opportunity?”

He believes that investors should worry more about the former - losing money. He emphasizes that that doesn’t mean investors should get out of the market and go to cash, but instead, investors should “emphasize caution to avoid losses”.

Of course, the market has continued its upward march since Marks made this statement in February, but that doesn’t mean that we aren’t close to the top. While we can’t predict the future, Marks argues, as do I, that the key to mastering the market cycle is understanding where it is today.

That’s it for today. Tomorrow, we’re going to recap the week and I’m going to give you a little preview of next week’s theme.

Before you continue on with your day, please take a moment to leave a review for the One Minute Retirement Tip in Amazon. If you’re getting any value from these tips, it’s a great way to share the love. And thank you to those of you who have already taken the time to write a review.

My name is Ashley Micciche and this is the One Minute Retirement Tip.

----------

>>> Subscribe on iTunes: https://apple.co/2DI2LSP

>>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs

>>> Check out our blog: https://truenorthretirementadvisors.com/blog/

----------

Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance, wealth management, fee only financial advisor, financial planner, stock market cycles, what are the stages of the market cycle, stock cycle, where are we in the stock cycle, stock market cycles forecast, djia, economic cycles, investment cycle, cycle investing