When the markets take a tumble, people often wonder, where is the bottom? We’ve gotten this question from clients quite a few times lately, so we wanted to address it on today’s show.
Mathematically speaking, we can tell people pretty close where the bottom of the market is for their mix of assets. There are no surprises if you dial in the math.
On this episode, we’ll share:
- Why the S&P 500 and Dow Jones are the indexes that everybody talks about, and what the historical returns show. (5:40)
- Why it’s important not to look at just the big companies when thinking about the market’s gains and losses. (11:49)
- How standard deviations can be used to look at rates of return. (14:10)
If you have any questions about how you can better prepare for your retirement future, don’t hesitate to reach out to Michael Schulte for help.
He’s a Financial Advisor and Certified Business Exit Planner at WestPac Wealth Partners. His daily mission is to help families and business owners make smart financial decisions so they can live on their own terms the rest of their lives, regardless of what life events and opportunities come their way.
Call Michael at 702-767-4897 with any of your questions or email michael.schulte@westpacwealth.com.
