While a lot of people have been freaking out about the market crashing, for the most part, I’ve kept calm, cool and collective. Knowing that the pandemic has been wreaking havoc on the stock market, I refused to check the balance of my retirement account. There’s no point in stressing about something that I have little control over. Right?! I went on this way for a while until my broker mailed my quarterly statement. In this bonus episode, I share my reaction to seeing my personal rate of return nose-dive by 20% this last quarter (January to March 2020). I also share tips for managing your emotions as an investor, and how to shift your perspective to think more positively.
Update August 2021: I’m currently learning how to trade stocks by taking Teri Ijeoma’s signature Trade and Travel Course which is teaching me how to pick good companies, place trades, and create sustainable monthly income trading stocks.
Want to get started investing? Get a free stock by investing with Robhinhood.
Be Wealthy & Smart Podcast by Linda P. Jones – empowers you to financial freedom without budgets or bosses.
The NewsWorthy by Erica Mandy – helps you stay informed with quick, unbiased, and fun daily news updates.
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Danielle Desir Corbett paid off $63,000 of student loan debt in 4 years, bought a house at 27, and has traveled to 27 countries, including her favorites, Iceland, China, and Bermuda. Go here to learn Danielle’s incredible story, from struggling financially and in debt to finding creative ways to earn more and live on her terms. Listen to The Thought Card Podcast, where Danielle shares how you can creatively travel more and build wealth regardless of your current financial situation. Reach out to Danielle by contacting: thethoughtcard (at) gmail (dot) com.