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Saving The American Dream Podcast


Welcome to the Saving The American Dream Podcast with Financial Advisor Michael Schulte of WestPac Wealth Partners. Are taxes, market volatility, inflation and other risks threatening your pursuit of the American Dream? If you need help planning how to tackle these financial headwinds, then this is the show for you!

With pensions disappearing, the American Dream is harder than ever to achieve. We're on our own to successfully plan for our financial futures. That's why it's so important to make wise decisions with your financial plan and as you get older those decisions become more and more critical.

New episodes bi-weekly. Visit our website for show notes, resources, more information and to contact Michael at SavingTheAmericanDreamPodcast.com. Or call 702-767-4897.

Apr 7, 2022

People sometimes ask: Are we going to have another market crash soon? With Ukraine and Russia in the news, as well as inflation, people have been worried about possible World War III and their finances. We’ll share some historical background on market crashes.

 

What we discuss in this episode: 

2:34 – What is a market crash?

5:42 – Historical rate of return

8:42 – 2000-02 tech crash

11:32 – Tech crash markets

16:25 – 2007-09 crisis

18:42 – Diversification

22:41 – Downturns and ups

 

More Information: http://savingtheamericandreampodcast.com