#42 Stock Market Crashes: What To Do in 20%+ Drops + A Guided Meditation from JL Collins

Don't have a good asset allocation or investment strategy for when the stock market crashes?

Learn how to self-invest your military paycheck in  my book The Military Money Manual: A Practical Guide to Financial Freedom. available directly from me on my website or on Amazon.

The book has dozens of 5 star reviews on Amazon and Goodreads:

• Amazon Kindle Ebook
• Amazon Prime Hardcover
• Audible Audiobook

Three main takeaways from today's episode:

1. The stock market has normal cycles of ups and downs
2. Don't panic- it's not a realized loss until you sell
3. When the market is down, long-term investors, like most people in the military, especially younger ones, have the chance to buy index funds basically on sale

Continue your education:

• how to maximize your military TSP 5% match
• My asset allocation
• Little Book of Commonsense Investing
• Warren Buffet on Stock Market Crashes
• My Personal Investing Principles: LADS
• How to Time the Stock Market (with PersonalFinanceClub)
• PersonalFinanceClub on Instagram