Episode 40
How to Prepare for a Market Downturn (EP.40)
The Long Term Investor · Peter Lazaroff
March 23, 202211m 15s
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Show Notes
Knowing that you are going to experience market losses can help you mentally prepare and make better decisions.
In this episode, I explain how performing a safety net analysis can give you an additional layer of emotional comfort during a market downturn.
Listen now and learn:
- The 4 steps to performing a safety net analysis
- Best practices for putting the analysis into practice
- How long you can withstand a downturn given your current situation
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