Is The Market Crashing - DM 102
- noemedagatan
- Apr 1
- 2 min read
Is the market crashing? Hey, it's Jon from Financial MD, welcome to today's Didactic Minute.
Now, whoever's fault it is, whatever is happening, we can say a lot is attributed to tariffs right now for sure, but there also was some inflation data that came out yesterday. So we've got some ups and downs; mostly downs this year. This is March 13th - whenever you're watching this - and in the last 30 days, the S&P 500 has been down about 8.8 percent.
Now, what does this mean to you? Well, if most of you watching this are young physicians - which you probably are - it means nothing to you. In fact, this can be a good thing. We love market volatility because if we're investing for the long term, which you should be, then putting money in the market during downtimes like this is great. This is when you really start to see wealth grow over time. You look back in these moments and say, “Great! I bought when it was low.”
We want to buy low and sell high, right? But if we're constantly watching the market and flipping things back and forth and selling and buying and getting in and out and into cash, if this is in your IRA or your 401(k) or some sort of long-term account, don't. Stop. Don't check it. The only thing you should do if you hear markets going down is think, “Hmmm, maybe I should put some more money in.”
So, that's where the real wealth gets built and so I don't want you to be stressed out or even nervous about any kind of market volatility. This stuff is a good thing over time. We need this. And the market's been around for a long time and it will still be around. So, again, if you're young and investing, it may be a good time to put some cash in the market. You could probably search we had the same video during COVID. This happened about almost five years ago now - wow, that's crazy.
So, look at this as an opportunity for you if you're young. If you're older and you're watching this, good job for watching Instagram and TikTok, for one. But number two, this may take a more involved conversation. But again, most of you, you've got time, see this as an opportunity. Put money in when it's low. It means when it comes back up, you're going to win.
Throw some questions or comments down there. We'd love to chat about it. Again, it's Jon from Financial MD, we'll see you next time.
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