We’re still in a bear market, and dramatic swings are making investors very nervous. When investors get nervous, they tend to make mistakes that can cost them significantly over time. In this episode, Rob Auclair discusses three common money mistakes people make in a bear market, how to avoid them, and what to do instead.
Topics Discussed:
- Why investors are nervous
- The dangers of panic selling
- Why emergency funds trump debt elimination
- The importance of reeling in spending
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action.