During this wonderful Labor Day Weekend, Matt and Eddie are talking about the US economy and addressing the fears that they're hearing from investors. After another rough week in the markets, Matt and Eddie address the "bear" in the room and discuss how China's market may impact the US economy.
The guys then ask, "If all your friends jumped off a bridge, would you jump too?" You probably answered no, so why are you doing that with your investments? Instead of following the herd, the guys suggest you build your investment decision pyramid. Here's our template: Pyramid For Investment Decisions.
During times of market volatility, it's a great time to revisit the advice of some of the greatest investors. We're talking about Warren Buffett and Peter Lynch. Take a listen to learn what they said. Also, here's the article Matt references about Warren and Jimmy Buffett: Opinion: 11 secrets to happiness, inspired by the cheeseburgers of Warren and Jimmy Buffett.
Take a listen, and if you still have questions about what to do during market volatility, shoot us an email. We’re always here to answer questions.