Episode 47: Why You Can’t Let Fear Steal Your Financial Future
Description
I was having coffee with a client last week when her phone started buzzing with news alerts about the market dropping 15%.
I watched the colour drain from her face as she said:
"Maybe I should just sell everything and go to cash until this all blows over."
Have you ever had that thought?
Here's what I told her (and what I'm telling you right now):
This is exactly when most people make the biggest financial mistake of their lives.
Because when you sell during a downturn, you lock in those losses forever. You'll never get that money back.
But here's the thing most people don't realise...
The Australian share market has averaged a 13% return over the last 134 years.
Through world wars, depressions, the GFC, pandemics, and every crisis you can imagine.
In my latest episode of the Women of Wealth podcast, I'm sharing exactly what to do when the markets get rocky (and what NOT to do).
Including:
- The two critical questions to ask yourself before making any moves
- Why now might actually be the perfect time to invest MORE
- The Commonwealth Bank story that proves why staying the course works
- How to ignore the noise and stick to what actually builds wealth
Because remember...
No one can time the market. What you can control is your time in the market.
United States
