How to avoid ruin and help others avoid ruin as the economy shuts down to slow the spread of the coronavirus. Topics covered include: What is the precautionary principle and how can it help us make important decisions with regards to the coronavirus pandemic.How many people could be infected with Covid-19 in the next 30 to 60 days at the current daily growth rate.Why investment managers are selling assets to reduce their market exposure.Should individual investors be increasing or reducing their exposure to the stock market in the current market environment.How recent actions by the Federal Reserve suggest they think a U.S. recession is imminent.What can individuals locked down at home do to survive mentally and emotionally.What we can do to help businesses avoid ruin during the pandemic crisis.  Thanks to Netsuite and Rad Power Bikes for sponsoring the episode. Text the word RAD to the number 64-000 to get a free accessory with the purchase of a bike. For show notes and more information on this episode click here. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why most investors practice both market timing and time in the market. Why it is okay to reduce stock exposure given the coronavirus pandemic threat. What would a stock portfolio return that misses the best or worst days and how likely is that.How do rolling 30-year stock returns differ depending on the starting point.Why are stocks likely to outperform bonds over the next 30 years.What is sequence of return risk. What is market timing.Why long-term investors should never move completely out of the stock market, but it is still okay to adjust stock exposure based on market conditions.What are some additional rules of thumb for market timing.How the coronavirus pandemic has increased financial and economic risks and what to do about it.Thanks to Policygenius and Mint Mobile for sponsoring the episode. For show notes and more information on this episode click here. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.