SHOW / EPISODE

A bear market is like a bad breakup? Stock market volatility, explained

24m | May 27, 2022

REMINDER:

This episode is intended to be consumed in audio-visual format and was originally aired on my YouTube channel. If you'd like to see it as God intended (with funny edits & captions), please watch it here: https://youtu.be/NKX30Br9ZuI

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What do your most recent ex and the current stock market conditions have in common? They both suck now, but eventually you'll get over it.

That's the sitch, according to Kelsey Willock—cofounder and CEO of Aura, a mindful money management platform. I spoke with her to parse through what, exactly, is going on in the stock market. Because these days, it seems all we can count on is uncertainty.

Listen for a full 411 on today's market conditions, plus some top-shelf analogies about what therapy and sh*tty relationships can teach us about investing.

00:00 intro! & say hi to Kelsey

01:10 putting your losses in context

05:34 investing is like a chaotic bachelorette trip

06:58 how bad could this get?

11:29 how to think for the long term & money stories

18:41 the bitcoin millionaire fallacy

21:38 Kelsey's recs & more about Aura

Thank you for watching! Follow Kelsey here: https://twitter.com/kelsmels1

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See you soon :)

Audio Player Image
Thinking Is Cool
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