Aug 18th, 2019 | Money Podcast

THE STOCK MARKET'S BEEN GOING CRAZY...WHAT DO WE DO NOW? Many listeners wrote Tom in a panic. What are you supposed to do when the stock market's going up and down and up again? Here from Daytona Beach, Tom is ready to help you figure out what to do next.

Here is the specific definition of dollar cost averaging that Tom discusses in this episode.

Got money questions? Send them in: tom@blowmeuptom.com.

HOUR 1

Comments

Submitted by TallTim on

Latest I've seen from all the macro indicators I follow is about 6 - 12 months before we're in the shit. The indexes (Dow, NASDAQ, etc) could stage a last gasp rally near the end, but its going to be a sucker rally that will draw in the last of the stupid money before it all turns down.

I'd load up on bonds (if you can) and stay out of the stock market.

Also, db levels are much better - sounds great!

Submitted by Fender1 on

Bonds are going to shit the bed soon. Thursday's close saw stocks, bonds AND gold all in the red. Lot's of winning here. Where are all the trumptards now?

Submitted by huskymed on

I'd be curious what Tom thinks of GLD (a gold ETF).