Summary: <br> Announcer (<a href="https://www.temi.com/editor/t/_WRH73wri-ZMEADnIEgmPAcDrgZWJItU2VEmU0HqQXIrSsFNTgsCzGbdFbJfw61UYe7_Pjk4p_2u2Tm0PWeYk7JnVZo?loadFrom=DocumentDeeplink&ts=0.3">00:00</a>):<br> <br> <br> <br> You’re tuned in to the Investing for Beginners podcast.<br> Finally, step by step premium investment guidance for beginners led by Andrew<br> Sather and Dave Ahern. To decode industry jargon, silence crippling confusion,<br> and help you overcome emotions by looking at the numbers, your path to<br> financial freedom starts now.<br> <br> <br> <br> Andrew (<a href="https://www.temi.com/editor/t/_WRH73wri-ZMEADnIEgmPAcDrgZWJItU2VEmU0HqQXIrSsFNTgsCzGbdFbJfw61UYe7_Pjk4p_2u2Tm0PWeYk7JnVZo?loadFrom=DocumentDeeplink&ts=35.73">00:35</a>):<br> <br> <br> <br> All right folks, so welcome to Investing for Beginners<br> podcast. This is episode 143 tonight. Andrew and I are going to talk about why<br> investing in a bear market is really hard in case you’ve lived under a rock<br> recently. The stock market has been up and down, mostly down a lot over the<br> last week to two. And so we thought we would kind of talk a little bit about a<br> bear market because we’ve officially entered a bear market territory. As of<br> today, I believe we were down around 23% so far for the year. So that is<br> officially a bear market when we get below 20%. So Andrew thought this would be<br> appropriate for us to discuss this. So, Andrew, I’m going to turn it over to<br> you and let you get us started and then we’ll just kind of go down a rabbit<br> hole.<br> <br> <br> <br> Andrew (<a href="https://www.temi.com/editor/t/_WRH73wri-ZMEADnIEgmPAcDrgZWJItU2VEmU0HqQXIrSsFNTgsCzGbdFbJfw61UYe7_Pjk4p_2u2Tm0PWeYk7JnVZo?loadFrom=DocumentDeeplink&ts=81.17">01:21</a>):<br> <br> <br> <br> Yeah, I love it. Watch our timing be that this bear market<br> recovered by the time this goes live. Yeah. I guess last time we talked about<br> Coronavirus, it just happened to be still relevant a week later. Podcasts see<br> you gotta you got a little tape delay, not a little bit longer than what they<br> do with live TV these days. A little bit longer than five seconds. Yeah,<br> exactly.<br> <br> <br> <br> Andrew (<a href="https://www.temi.com/editor/t/_WRH73wri-ZMEADnIEgmPAcDrgZWJItU2VEmU0HqQXIrSsFNTgsCzGbdFbJfw61UYe7_Pjk4p_2u2Tm0PWeYk7JnVZo?loadFrom=DocumentDeeplink&ts=115.08">01:55</a>):<br> <br> <br> <br> I think there’s a lot of emotions that go on and certainly<br> regardless of how experienced you are, how knowledgeable you are and how<br> rational you believe you are when it comes to stocks when it comes to investing<br> when it comes to the market how disconnected you think you are versus how<br> ingress you are with everything that goes in the stock market. I think it’s safe<br> to say that a lot of different thoughts go in your head that you don’t usually<br> think when stocks are excellent and you know, their stocks are slowly climbing<br> up, and you don’t see much volatility. Looking at a situation like this with<br> the bear market and you know, a lot of macro trends that are very concerning.<br> We have the Coronavirus which<br> <br> <br> <br> Andrew (<a href="https://www.temi.com/editor/t/_WRH73wri-ZMEADnIEgmPAcDrgZWJItU2VEmU0HqQXIrSsFNTgsCzGbdFbJfw61UYe7_Pjk4p_2u2Tm0PWeYk7JnVZo?loadFrom=DocumentDeeplink&ts=168.34">02:48</a>):<br> <br> <br> <br> As of late as of today, we had the NCAA championship<br> close. The NBA season’s been suspended. Like you know, you name it right on top<br> of that we have interest rates, baseball based. Sorry, Dave. I know, I know.<br> Out of everything, that was the one thing that you lamented today. I texted you<br> earlier, I think it was like, Oh, by the way, you know the stocks down 20%,<br> whatever,
