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No Mentor, No Magic...Why Saving for a Rainy Day has Stood the Test of Time!
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In this week's episode, Ken explains why saving for a rainy day has become a neglected financial strategy and that until we all embrace it, the bear market will continue. There are three charts to follow along with that illustrate several myths now raging throughout the markets and how to see through the fog to understand what the best plan for you might be.
Here are the charts to follow along:
chart 1 of GRND:
https://missionmatters.com/wp-content/uploads/2022/11/gndr.png
Chart 2 of Savings Rate:
https://missionmatters.com/wp-content/uploads/2022/11/herd-burning-cash-to-keep-afloat.png
Chart 3 Hedge Funds stock exposure:
https://missionmatters.com/wp-content/uploads/2022/11/low-stock-exposure-at-hedgies-1536x1027.png
To learn more, visit:
https://dsetrading.com/
Listen to more episodes on Mission Matters:
https://missionmatters.com/author/ken-goldberg/
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