Welcome back and thank you for listening to another episode of Financial Clarity for Doctors! Today we want to talk about trying to time the market and possible strategies for when and how to do it.
We often come across prospective clients who are sitting on cash. Not sure how to go about investing it. Maybe waiting to invest because the market is at an all time high. Maybe they read an article predicting a possible pull-back.
Taking that plunge and investing a large sum of money is scary! You wouldn’t be human if you weren’t a little bit nervous.
In this episode Corey & Rachelle discuss:
- Common Misconceptions in “Timing the Market”
- Dollar Cost Averaging
- Systemic Savings Plan
- Living Below Your Means
For more financial planning tips from Corey and Rachelle, find them on social media!
LinkedIn: @CoreyJanoff and @RachelleVanderzanden; Instagram: @CoreyJanoff and @VanderzandenRachelle; and Twitter: @CoreyJanoffCFP and @RachelleFinance
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Discussions in this show should not be construed as specific recommendations, legal, or investment advice. Always consult with your investment professional before making important investment decisions—advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Through Cambridge Investment Research, Inc., Securities are offered a registered Broker/Dealer, Member FINRA/SIPC. Finity Group and Cambridge are not affiliated.