Business
In this week's episode of Retire in Texas, Darryl Lyons, CEO and co-founder of PAX Financial Group, reflects on the unexpected chaos that unfolded on August 5th and its impact on the financial markets. Sharing a personal story from his recent trip, Darryl walks listeners through the challenges of managing market volatility and the relentless nature of news cycles. He discusses the importance of maintaining a clear perspective amidst media-induced panic and provides a detailed outlook for the fourth quarter of 2024, emphasizing historical trends and their relevance to today's market.
Key show highlights include:
*A firsthand account of navigating market panic while on vacation.
*Insights into the historically volatile nature of October and how to prepare for it.
*An analysis of the upcoming election and its potential impact on different sectors.
*The significance of diversification and stress-testing portfolios in uncertain times.
*Practical advice for long-term investors to stay grounded during market turbulence.
Tune in for an engaging episode filled with personal anecdotes, valuable market insights, and practical tips for staying the course in your financial journey. For more resources, visit www.paxfinancialgroup.com. If you enjoyed today’s episode, share it with a friend!
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2024-07-10
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