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How does market volatility impact your portfolio

Financial Fear and the Pandemic

June 4, 2020

The Principle:

Market volatility can create financial fear under normal circumstances, but with the pandemic, it’s not surprising some of most seasoned investors are feeling a little uneasy. Does it make you nervous? Are you hesitant to put money back in? Fear seems to the be primary driving force for investors right now, and it might be doing more damage to your portfolio than you realize.

(Want to jump ahead in the episode? Click the featured times below to skip to a specific section.)

Honest Takes:

As humans, we act emotionally in all types of scenarios. Fear is often at the top of the list of feelings that motivate us or prevents us from making a decision. That is what we are seeing now, more than ever. 

From fear of the coronavirus, fear for the future of small businesses, fear of market volatility, and fear due to general uncertainty each day, we are seeing fear from so many different angles. It’s no wonder so many top financial analysts seem to have a new outlook on the economy on a weekly basis.

That, right now, is the true pandemic for finance. Although some analysts will argue fear is actually a good sign for the future of the market, Brian sees it differently.

On this episode of Retire with Integrity, we’ll talk about what fear is doing to investors and what Brian thinks should be happening. We’ll also find out how he’s been dealing with the craziness of the past few months with his kids having a lot on their plate as well.

Listen to the full episode or click on the timestamps below to see if it aligns with Brian and his clients when it comes to your financial plan.

[0:16] – Fear is the real pandemic right now.

[0:42] – Jim Paulson says this about why fear is a good sign.

[1:32] – Does Brian agree that fear is a positive right now?

[2:37] – An example of someone who is fearful because of restrictions to operate.

[4:59] – We’re all dealing with craziness right now. How is Brian handling it with the kids?

[7:35] – You learn more when it’s tough.

[8:33] – Clients have a lot of these same questions.