Money Over 50
by Dallas & Michael of Money Over 50 Financial Advisers
May 16, 2022 5:45 am
An Australian podcast that provides useful information on retirement planning, superannuation, and the financial world in an easy-to-understand manner. Contact the financial planning experts Michael Hogue or Dallas Davison of Money Over 50 Financial Advisers via email podcast@mo50.com.au
On average, we see a drop in company prices of about 30% every 5 years. If you’ve listened to us for a while, you’ll know we often talk about not panicking when this happens. But why is this important, and exactly how important is it? In this episode we discuss how not preparing for a drop in the share market is like not listening to the lifeboat drill on a cruise ship. Spoiler alert: it doesn’t end well.
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