We’ve been enjoying a long bull run over the past decade and that’s made many people fearful that a major downturn is right around the corner. So what might that look like and when could it happen? We discuss the next market crash and how to prepare yourself for it.
Today's rundown:
1:20 – Mike’s team is moving into a new office.
2:37 – Mailbag question: Should I work with a younger advisor with less experience or someone my age that will retire the same time I do?
5:17 – It’s valid to ask an advisor what their plan is when they retire. Who will take care of you?
6:00 – Mailbag question: I’m retiring in six months and worried about a market crash before I get to the finish line. Will I be ok?
7:41 – So what will the next market crash look like? Let’s discuss.
8:07 – When is the next market crash coming?
9:34 – When it does happen, should we plan for it to be as severe as 2008?
10:52 – If someone is worried, is it best to pull your money out of the market and just wait?
12:19 – What our team does to protect our clients from a downturn.
15:30 – An advisor can help you understand investment options you might not even be aware of.
Show notes and additional resources: https://principalpreservationservices.com/ep-7-what-will-the-next-market-crash-look-like/
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