We explore the important topic of recessions and market downturns.
How should we deal with these disruptions on our way to financial independence? What should we do with our investments?
(note: some details regarding the coronavirus have changed since we recorded this episode)
(you can also download the mp3 file here)
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I dont understand why your’re both laughing so much at the start? I didnt realise that people dying and losing jobs was hilarious. My neighbour has to sell their house because of it. Should i laugh in their face while the wife is crying. I decided not to continue listening.
Sorry to hear that. No, obviously we’re not laughing at people who are in real financial or health trouble. If you listened to the conversation it was entirely about how people should approach FIRE and investing in general through turbulent times, as you can seen from the intro notes and discussion points in this post.
For context, we’re laughing about the often silly trading behaviour and forecasts that come up at such times that we get endless questions about. If you were familiar with us at all, or actually listened to the episode, you’d realise we’re not unsympathetic or nasty guys. But you made some early assumptions and the laughing was seen in the wrong context. Sorry for the confusion.