108: How to Survive a Bear Attack/Bear Market
The stock market today is a bear market.
\xa0
What does this mean? Not only are stocks down but they are down 20 percent.
\xa0
Over the last decade or so, we were in the opposite arena. We were in a bull market. You didn\u2019t have to know anything about stocks to make money off of them. You could just stick money in and get a paycheck out.
\xa0
Today, however, we\u2019ve gotta be a little smarter and we\u2019ve gotta work a little harder. This episode is all about teaching you how to do that.
\xa0
This information is going to teach you how to manage your cash flow in a bear market like this. These strategies will allow you to survive this bear market and come out of the other side unscathed.
\xa0
You\u2019re going to want this. You\u2019re going to want to share it with your loved ones. You\u2019re not going to want to miss a drop of information in this series.
\xa0
So tune in and we\u2019ll get started on the basics of surviving a bear market.
\xa0
In this episode, you will hear:
- Why you shouldn\u2019t run away from a bear market.
- How to \u201cavoid direct eye contact\u201d with this bear market.
- Why you should stand your ground.
- The importance of remaining calm.
- Investment always brings risk.
- How to get your mindset right and stay hopeful.
- Four things you can do right now to survive this bear market.
- How to figure out where you can maximize your time, energy, and money.
Subscribe and Review
Please share this podcast with your friends and family. Our beliefs really do drive our behavior and you are born for more.
Have you subscribed to my podcast? If the answer is no, I\u2019d love for you to subscribe. Live Life Rich is full of stories of business, some behind the scenes, and freaking amazing guests.
If you\u2019re feeling really generous, I\u2019d love for you to give me a review over on Apple Podcasts. Simply select \u201cRatings and Reviews\u201d and \u201cWrite a Review\u201d then a quick line with your favorite part of the episode. It only takes a second and it helps me out a ton!
Supporting Resources:
https://marissanehlsen.com\xa0
Facebook: https://www.facebook.com/marissa.nehlsen
Instagram: https://www.instagram.com/marissanehlsen/
Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/
Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/
The E Myth by Michael E. Gerber: https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280
Get my \u201c15 Ways to Create Cash in Your Business\u201d download: https://15stepstofreedom.com
Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/
***
Episode Credits
If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com. Let them know I sent you.