• What to Do When Stocks Sell Off

  • Apr 30 2024
  • Length: 15 mins
  • Podcast
What to Do When Stocks Sell Off By cover art

What to Do When Stocks Sell Off

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  • Summary

  • When markets sell off, it can evoke an uneasy feeling. In what may seem like the blink of an eye, your portfolio, which may have previously shown significant gains, is now at a loss. So, what should you do? We'll break down six different tips and tricks to help you optimize your portfolio during this challenging time.

    Your Guide to Tax Loss Harvesting: https://youtu.be/Goc-ZonDNLY?si=ZPA2RaspDIXYMICd



    Key Topics:

    • Markets Sell Off All the Time, How to React (00:58)
    • Tip #1: Understand that Sell Offs Are Normal (02:03)
    • Tip #2: Stay the Course with Your Investment Plan (03:59)
    • Tactical Tip #1: Take Advantage of Tax Loss Harvesting (06:33)
    • Tactical Tip #2: Buy the Dip (08:25)
    • Tactical Tip #3: Tactical Roth Conversions (10:02)
    • Make a Financial Plan, Take Strategic Action (11:51)



    This Episode is intended to be financial education only and is not intended to be specific tax, legal, or investment advice. Please consult a professional for specific advice. Subscribe to our weekly planning insights newsletter: https://mdrnwealth.com/blog/ If you need specific advice you can contact us at Advice@mdrnwealth.com or at: https://www.mdrnwealth.com
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Economics Personal Finance
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