Why is the Market Going Down?

The stock market has been on the decline. But is this normal, or is this time different? How should we handle the drop? We’ll share what advice we give clients and how you can handle the ups and downs with confidence.

Your Guide:

Watching the stock market tumble can be tough to handle, but don’t despair. On this episode of Your Retirement Elevated podcast with Scott Dougan, we’ll explain how you can handle the drop.

Despite an overall healthy economy, people are wondering why is the market’s outlook telling a different story? The volatility we’re seeing comes down to a multitude of factors. Understanding those can help you gain more clarity on how they impact your retirement portfolio.

The stock market primarily focuses on corporate earnings and interest rates. Interest rates are moving up fast. What we’re seeing with the stock market now is that the volatility comes at us quicker, and it responds and bumps back quicker.

When we meet with clients, we talk about the market and what’s going on, but we mainly focus on their goals and objectives and put a plan in action to give them the highest probability of success.

We also tell clients that it’s not a matter of if, but when, the market will make the next correction. Last year was pretty robust in the stock market, and this year has been tougher.

Some of our clients are ultra-conservative investors and aren’t impacted much by the stock market. Other clients are all market-based and take more risks. Our job as advisors is to build plans that let you sleep well at night whether you’re ultra-conservative, ultra-aggressive or somewhere in the middle.

Listen to the full episode or use the timestamps below to find specific segments.

[2:00] Why is the market going down?

[5:36 ] Volatility is quicker

[9:02] Upward trend

[11:59] Final thoughts

Thanks for checking out the Your Retirement Elevated Podcast. We’ll talk to you again on the next show.

DISCOVER MORE...

Financial Checklists and Important Birthdays

A new year means many of us are looking for ways to improve our financial lives in 2023. Today we’re sharing a great checklist to give you areas of focus in order to be better prepared financially. If you’re nearing retirement, these are questions you want to think through and have a plan for before you make that transition.

LISTEN NOW »

SUBSCRIBE

Apple PodcastsGoogle PodcastsSpotifyStitcherTuneIniHeartRadio

ABOUT YOUR HOST...

Scott Dougan founded Elevated Retirement Group in 2003 in order to fill a niche he felt was not being addressed properly in the retirement planning environment – helping retirees and pre-retirees in the Kansas City metro area find answers to issues that may affect the quality of life during their retirement.

Scott is a Registered Financial Consultant (RFC) and holds a Series 65 Investment Adviser Representative license, which holds him to the fiduciary standard. He also holds insurance licenses in Kansas, Missouri and other states.

GET IN CONTACT...

HAVE YOUR QUESTION FEATURED ON THE SHOW

MORE WAYS TO CONTACT

info@erg-kc.com

(913) 393-4724