Podcast: Play in new window | Download | Embed
Subscribe: Apple Podcasts | Spotify | RSS
Episode 167: Today the S&P500 closed near support at 1850, which is my delineation between the likelihood of a Correction or a full blown Bear market.
(see: http://www.investablewealth.com/correction-or-bear/ )
We’ll have to wait and see how this works itself out. Now is not the time to panic, a prudent investor would have already taken precautions. In this episode I draw the analogy of checking the flashlight batteries before the lights go out.
It’s also important to remember that there is nothing new effecting this market. As a refresher, listen to the below previous episodes to understand what’s causing this correction and ways to deal with it:
12/1/14 #50- Reality of the strength of the US Dollar
https://www.wealthsteading.com/50
6/6/15 #116- Oil small fluctuation in supply (part 1)
https://www.wealthsteading.com/116
6/8/15 #117- Oil small fluctuation in supply (part 2)
https://www.wealthsteading.com/117
7/12/15 #124- China’s 3 strikes
https://www.wealthsteading.com/124
9/2/15 #133- What are you learning from this market correction?
https://www.wealthsteading.com/133
9/13/15 #138- Build watch list during market correction
https://www.wealthsteading.com/138
————————————————————–
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
————————————————————-
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stpr
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
————————————————————–