Is Your Portfolio Ready for the Next Downturn?

Yeah, 100%.

Buckle up, people.

I remember one other time when inflation was pretty high in the late 70s, early 80s, like 15%, 14%.

You could get 18% opening up a money market account.

But I do believe we are all feeling this at this point.

You know, you go out to dinner, you see how much more it costs.

You go to the grocery store and you see how much more it costs.

And of course, at the pump, right? So it's been going on a while.

We're all feeling it.

And it's just kind of like this cumulative effect on us, I think.

Right.

On how you feel.

You know, when you look at the markets, they have been on quite the run.

Right.

casey like you said entering the fourth year of a bull market if you take out one year you know due to the pandemic 2022 where we you know pumped a lot of money in and it all came to fruition in 2022 with very high interest rates bond market You know, bonds really, really just taking a big hit, probably for the first time in a lot of our adult lives for, you know, people who have been investing for the last 25 years.

And then the other things that are going on, you know, the bull market from our perspectives, if you look at the 10 year run.

I mean, it's incredible.

Yes, there was, you know, a down year, two down years in there probably.

But it's, you know, depending on how you were invested, you might have tripled your money.

Right? So think about that.

So...

Things don't go up forever.

You know what I mean? They're going to come down.

And what you want is you want a strategy that's going to prepare you for that, allow you to take advantage because it will mean there will be buying opportunities.

And that means knowing where your income's coming from, not having to worry what that's going to be month to month, depending on what's going in the market.

Yeah, 100%.

Buckle up, people.

I remember one other time when inflation was pretty high in the late 70s, early 80s, like 15%, 14%.

You could get 18% opening up a money market account.

But I do believe we are all feeling this at this point.

You know, you go out to dinner, you see how much more it costs.

You go to the grocery store and you see how much more it costs.

And of course, at the pump, right? So it's been going on a while.

We're all feeling it.

And it's just kind of like this cumulative effect on us, I think.

Right.

On how you feel.

You know, when you look at the markets, they have been on quite the run.

Right.

casey like you said entering the fourth year of a bull market if you take out one year you know due to the pandemic 2022 where we you know pumped a lot of money in and it all came to fruition in 2022 with very high interest rates bond market You know, bonds really, really just taking a big hit, probably for the first time in a lot of our adult lives for, you know, people who have been investing for the last 25 years.

And then the other things that are going on, you know, the bull market from our perspectives, if you look at the 10 year run.

I mean, it's incredible.

Yes, there was, you know, a down year, two down years in there probably.

But it's, you know, depending on how you were invested, you might have tripled your money.

Right? So think about that.

So...

Things don't go up forever.

You know what I mean? They're going to come down.

And what you want is you want a strategy that's going to prepare you for that, allow you to take advantage because it will mean there will be buying opportunities.

And that means knowing where your income's coming from, not having to worry what that's going to be month to month, depending on what's going in the market.