Navigating Market Volatility and Preparing for Recession - April 12, 2025

In this episode of "On the Money with Jerry and Nick Royer," the financial duo dives deep into the concerns surrounding current market volatility and the looming question of whether we are heading towards a recession. Jerry and Nick draw comparisons to the Great Recession of 2007-2009, highlighting recent market fluctuations and increased volatility. They discuss the significant impact of the "Magnificent Seven" (tech giants like Apple, Microsoft, and Amazon) on the NASDAQ index and stress the importance of having a balanced portfolio that accounts for market cycles. Throughout the episode, they address the natural market corrections that occur approximately every 18 to 24 months and emphasize the necessity of proactive financial planning to weather these downturns.Jerry and Nick also tackle the concept of "reverse dollar cost averaging" and its effects on retirees' portfolios during market declines. They stress the importance of having an asset protection plan, which includes a balanced mix of growth-oriented and principal-protected investments.For more information about Nick & Jerry Royer and the Group 10 Financial Team, visit https://group10financial.com/For more information about Nick & Jerry Royer and the Group 10 Financial Team, visit https://group10financial.com/