MoneyWise Live | December 17, 2018

Will You Panic When the Market Rolls Over?

Show Notes

“For God has not given us the spirit of fear, but of … a sound mind.” 2 Timothy 1-verse-7 has encouraging words to comfort you in difficult times. Remember it the next time your portfolio takes a hit.  Will you panic when the market eventually rolls over?  Our host Rob West welcomes Sound Minding Investing’s Mark Biller to take the fear out of market fluctuation. Mark Biller is the executive editor at Sound Mind Investing and he’s absolutely fearless when it comes to investing. On this MoneyWise Live, Rob speaks with Mark on these topics:

  • “Will You Panic When the Market Eventually Rolls Over” is the title of a very thought provoking article in your latest newsletter. And it's very possible there are millions of young investors out there who’ve never seen a bear market.
  • The article is really about the “emotional cycle” of the market and it seems people have been studying this for quite awhile?
  • The Tulip Mania and South Sea Bubble are often cited in history books. They happened hundreds of years ago, but this kind of “groupthink” still happens today?
  • Regarding the market’s “emotional cycle” are there 10 stages to this cycle?
  • So how do we prepare emotions of a bear market?

Next, Rob and Steve answer these questions at 800-525-7000 or via email at

  • If you're 65 and concerned about what's going on in the economy today, how should you adjust your investments?
  • Would it be OK to fund a Roth with what's in your emergency fund with the proviso you intend on refunding it within a few months.
  • If you earmark your church donation checks for certain church projects, does that negate the tax deductibility of that contribution?
  • Can a 401(k) be garnished?
  • If your husband has just passed away and you've learned he had about $5,000 of debt, are you liable for that debt?
  • If you have a house that needs some work, should you consider using a HELOC?

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