Listen: Wall Street Journal, US And Goodwin discussed on Paul Winkler
"The website. Halting video audio. I am really really cool videos coming up. I got a really good one coming up Goodwin. I it's. You know, a spill a little bit of the beans regarding it, it was the whole idea was how to reduce the stress of investing. We're going to edit this one and get it down. But what I wanna do is. I wanted to walk through periods in history where there was lots of market volatility. And then what I did is. I took the articles that were being written at the time. And I've done this before we've done this before we do this all the time where we have those articles where we say, okay. What did the market is? You know, what happened what Article K just came out? You know, one of them would be like, for example, growing gloom, a severe recession may be developing. You know, the Wall Street Journal comes out with that. And then we come out and say, okay. Well, that was in October of nineteen ninety they've printed that large US stocks. What did they do? After that article came out and went up flaming hot thirty three percent return small enough even higher fifty-six percent return. Yeah. Now, what I found was you know, what to do is say, well, what happened what preceded that article? And I you know, because I thought well, wait a minute. Yeah. I we go through all these articles that we say, well, this very very negative thing came out in the journal, and then the market end of ends up going up after and you might come to the conclusion of the if the media print something negative that means the market's going to go up. And you got to realize wait a minute. There's another part of this story. What happened that caused the media to print the article and the answer was that the S and P five hundred in the previous twelve months when down seven percent small companies stocks down thirty two percent. Nen interesting and the other articles that I and I'm not gonna give them all here on on the radio. Just go watch the video the recession tracking the great depression. They said we're going into this recession that we're going into and that we've been into an his tracking the great depression. And you of course, you know, people remember hearing about depression when they were in school, and how nasty it was. And how the stock market went down people lost all their money and all of this stuff. Now, somebody held onto their stocks and just held on. And didn't bail out got all their money back in a lot of people don't realize that they don't realize that you know, stock market went down eighty percent. Yes. That was huge eighty percent. But as long as you held on you got everything back and small company stocks. You know, they went down like ninety percent as long as you held on. And wasn't. I can't wait long. Well, you know, g come on seriously by in one thousand nine thirty six most everything had come back. Now, you had thirty seven yet another dip, and, but you know, really everything had come back with no end in sight for the increased by by nineteen forty while the reality is that you should be putting money into the market that you can't afford to let it rate for ten years. Exactly. Then that's a great point. If if you're seventy years old. You don't put one hundred percent in there. And if you're in a balanced portfolio back, then, you know, has stocks half bonds, I maybe had a three year period where you had no four year period. I think it is where you had no return, even if you started rate at the depression and feudal actually looked at the history. Yeah. That there were really only two two different groups of people that did lose money during the depression. Yeah. One of them was."