Analysts Predict Stock Market Crash; Hosts Urge Caution Against Reactionary Investing

“Headline reads, stocks are in a late stage bubble and poised to crash 21% next year, analysts say. How do you feel about that, Joel? I'm selling immediately. Yeah. Dude, what else can you do? You just, yeah, do whatever the headlines say. Yeah. And I dislike this so much and I will let you start because I'm going to round it out by screaming. So I don't want to start screaming and then you feel like you have to amp up the Amp up the emotion. I can scream louder, man.”

“Predictions, opinions, they're a dime a dozen. And like, we always are careful to say this too. Could this be correct? could we see a 20% market decline next year? Yeah, it happened in 2022. 2022, it could happen in 2027. I wouldn't be shocked, but my portfolio and my mindset is built to withstand a potential decline of that sort. But just don't assume that the analysts or the experts are going to be right on this and that you need to take action based on their predictions.”

“This is not something that they want to do. And so all you got to do is give them this excuse. Oh, well, if the market's going to crash 21% next year, I would be a fool to invest my money now. Let's just, let's just spend it instead. Right? Like what these headlines do, it's, it feels, it's so nefarious and like, and this is why I hate it is because it feels so like evil and sneaky, but it just sows this seed of doubt. Yeah. And that is just all people need. to give themselves the permission to say, you know what, actually, it's, you know, I was thinking this wasn't going to be the year that we that we were going to finally max out the Roth IRA. And now I saw this headline. And that's all they needed, right? They were just looking for that for that excuse, as opposed to investing day in day out year after year doing these. Yeah, I don't know, just the discipline that I would love to see more Americans have where they're just investing automatically.”