Paul, Ira, Evan, Dan, and Jim are in the studio covering current market news. They discuss Jim Cramer’s opinion on millennials investing in stocks during the downturn. With their many years of experience, the PWI gang explains why the market has always recovered and why it’s important to stay optimistic. Dan explains how insurance companies sometimes handle annuities during downturns, and Evan explains how many of the losses people have currently are “virtual losses.” Listen to this very informative hour. Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money. This is hour 1/3 recorded on March 28, 2020.
The Media Is Telling Us That the Market Had a Rough Month, but Did It?
The DOW dropped 500 points in April. This also happened in 1987. The difference is that in 1987, this was a 22.6%