Emotion-driven decisions during a market downturn can harm your long-term financial health.
Preparing mentally before the market drops can help you keep your emotions in check — as SMI Executive Editor Mark Biller explains today on MoneyWise. Mark talks about how to prepare so you don't get blown off course when the next market storm begins to blow.
Later, in response to a caller question, Mark discusses the pros and cons of fixed-income annuities. And he has how-to-get-started advice for a novice investor.
Listen to the entire program below. (And for more radio appearances by members of the SMI team, visit our Resources page.)
MoneyWise, with Rob West and Steve Moore, is produced by Compass – Finances God's Way.
To ask a question on a future program, call 1-800-525-7000 and mention you have a question for either Mark Biller or Matt Bell of Sound Mind Investing.