Hi friends,
Let’s talk about the bull market.
We’ve gotten used to a rising market. Since 2009, the bull run stumbled briefly in March 2020 before powering back up. The past 15 years have been mostly a one-way street for stocks.
Are we getting a little too used to the good times? Is there a chance we’re fooling ourselves, thinking this can last forever?
And the big question: should we be worried about a correction coming around the corner?
It’s natural to feel nervous after such a long bull run. Markets are cyclical, but that doesn’t mean we need to panic.
In Episode 500 of the Afford Anything Podcast, I chat with Brad Barrett, the host of the ChooseFI podcast, about how to handle a “fear of heights” around how much the markets have climbed.
Brad and I recorded LIVE in Brooklyn, at a comedy club in front of a sold-out audience.
(Thanks to Brad for coming to NYC from Richmond, VA just for this taping!)
Here are two versions of Episode 500:
–> For a deep dive into the *math,* listen to the audio version.
The audio version includes a bonus track in which I crunch the numbers on historic stock market returns, answering the question: What would happen if you invested a $100,000 lump sum at the worst possible time?
–> For the joy of seeing the live comedy club taping, watch the video!
It was a wonderful night, in the close company of the Afford Anything x ChooseFI communities. Watch the taping to see it unfold.
Brad and I discuss how to invest in today’s climbing market, and how our thoughts about financial independence has evolved over the past decade.
Thanks to everyone in this community for supporting us through 500 episodes and counting. Enjoy the show!
— Paula