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Markets are at all-time highs despite recent events. In episode 49 of the YMYW podcast, Joe and Al share smart investment strategies you can learn from past performance and give advice for investing in a bull market versus a bear market. Original publish date July 23, 2016 (hour 1). Note that content may be outdated as rules and regulations have changed.\xa0

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00:00 - Intro

02:33 - \u201cIf you\u2019re invested in the stock market today, the question is: now what? Should you keep your money in the market? If you\u2019ve been sitting on the sidelines sitting in cash, is it a good time to jump in?\u201d

03:23 - \u201cTrying to time the market is a fool\u2019s game, not to mention pretty dangerous.\u201d

05:36 - \u201cBy being fully invested when you need to be fully invested \u2013 that\u2019s the appropriate way to do it. Get invested properly and stay invested.\u201d

09:02 - \u201cBecause the stock market is volatile and you can lose money, over the long term you make a lot more money and that\u2019s the premium that you have to pay to make that extra return.\u201d

16:42 \u201cMost of you have assets inside your 401(k) plans, IRAs, 403(b)s \u2013 that\u2019s where a bulk of your retirement assets are. Guess what? There\u2019s a tax risk there because every dollar that comes out of that plan is taxed at ordinary income rates.\u201d

21:59 \u201cDonald Trump would like to change our tax structure with four brackets, starting at 0% and the highest bracket being 25%...the highest bracket right now is 39.6%.\u201d

27:21 \u201cWhen\u2019s the last time you fully reviewed your portfolio? Are you having conversations about Social Security, taxes and Medicare?\u201d

31:32 \u201cNo one knows when these asset classes are going to perform so you want to have some of each. People chase near term performance all the time\u2026that\u2019s not a good formula."

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