Houston Podcast | Connecting Money with Purpose

When Markets Crash in Houston


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Do you get just a little anxious when the stock market crashes?

In this episode, I want to share a few thoughts about how to manage the risk in your investment portfolio. Honestly, on days like today, its really more about managing your own emotions. Taking a deep breathe and being confident that your long-term plan is working just the way its supposed to work.

Today the Dow was basically in freefall, down nearly 1,600 points at one stage before minutes later cutting those losses in half.

The Dow Jones Industrial average whipsawed and closed about 1,175 points lower than Friday.

On January 26, just last week, The Dow was at a record high.

This kind of correction happens periodically and it freaks people out a bit. Financial gurus can spin any tail they want to explain what's happening, but what I'm saying to my clients — and what I have been saying to clients is simple. The market goes up and the market goes down.

Learn more at FamilyWealthBuilder.com

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Houston Podcast | Connecting Money with PurposeBy Jim Munchbach