A Guide To Surviving The Cruel Market Volatility
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I’m guessing there are a lot more people paying attention to the stock market than we’ve had over the past few years.
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Market volatility tends to break folks out of their daydreams and yank them back to reality.
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Having experienced both the 2000 dot-com and 2008 great recession at varying levels of participation, I have enough perspective to distinguish between a real market spanking and a milder pinch.
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A real spanking would require the S&P 500 to drop to the 1400-1500 range from its recent high of 2873.
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If you’re carrying a great deal of debt, and your income barely covers your expenses each month, the stock market should be the least of your worries.
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Your only focus should be to destroy that debt.
The faster you do it, the quicker you’ll be able to graduate to wealth accumulation.
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