Is The Market About to Correct?

Turning off the news and just focusing on what's going on at home was a massive improvement to my mental health.

The market goes up and down, just don't panic and leave it in.

I’m no expert but I’ve watched mine over past 18 years of listening to Dave. What I’ve noticed is mine has dropped at times and I might could have sold to lock in a gain but then when it comes back, it roars back quickly and I would have missed the up elevator and lost out of significant gains. For me, the hard part would be figuring out when to buy back in. Mine is all dollar cost averaged. If I had a big chunk to invest right now, I might think dribble it into market but Dave just said he would put it all in. All I can say is that I’ve listened to Dave a long time and his advice has secured my retirement and helped me weather several depressing downturns only to see upswings vastly improve my situation. I get mad listening to the internet bashing the US and our economy when the good ole USA has been nothing but good to me and if I had had Dave’s advice 30 years ago I’d be sitting on a beach while owning a house 50 yards away. When immigrants are lined up wanting to get into China, I’ll start worrying.

True Story: First quarter of 2020 I lost $57k. I let it ride and did not panic. Second quarter I made $90k so for the 6 months I made $33k. Let it Ride my man!

Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, middle East crisis. How many crises can a koala bear? I'm approaching retirement with comfortable millions, yet scared of a market crisis and how to benefit from a possible correction. Where do I best grow my money?

Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan jane Christy♥️

It's best not to obsess with the news like 99% of Americans do. It's all about fear.

This is why I love Dave. He’s levelheaded, not fear mongering like the rest of the media

Just a note, last week Warren Buffett(Berkshire Hathaway) sold $75 billion worth of Apple stock. They are now sitting on over $290 billion in cash. Maybe we ponder what Buffett is thinking? Ramsay is a budgeting guy, not the source for investment advice.

I wish Dave would sometimes let the callers talk..... The callee tried to interrupt a couple different times and Dave just kept talking over him

Unless you are retiring in the next 5 years dont worry about what the market does today. Ive lost 5% in the last week but im still up 45% over the last 4 years. People who panic sell and wait for the market to go green again miss out on all the gains when buying into a red market.

Stopping investing during a market correction is one of the stupidest things you could do

So I definitely agree with Dave. Set and forget it. A couple times a year I look at the individual funds to make sure they are keep up with the market. It probably will correct but that’s definitely a buying time. You’re in a store and everything is on sale.

Telling people not to invest during a market correction says a lot about you, Dave! There's no better time! You're only as good as the decisions you make today with the money you have. This time last year I considered investing without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. One year and a couple of months in, and I'm almost debt free. I truly cannot stress enough how helpful experts in this field are!

I just retired 2 months ago at 67 1/2. In retirement anytime the market drops I see it as a good time to do Roth conversions.

The stock market is the only place where people hate sales.

The market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?

They picked the best day possible for this video

I am forever grateful to Mr. David , he has completely changed my life and I will continue to preach in his name until everyone hears that you saved me from a huge financial debt with a small investment, thank you Mr. David

Can't believe this video came out (almost to the second) when the market opened 3-5% down. LOL