Surviving Stock Market Crashes: Real-World Experiences and Strategies for Canadians

Marc Beavis - Build Wealth Canada Podcast Interview

A Big Thanks to Our Guests:

A Big Thanks to Our Sponsors:

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“Views from the Desk” Podcast

On this podcast, we often cover best practices that can not only help you now, but will also be relevant throughout your investment lifetime. But what if you also want an update on what is happening with your investments, the markets, and the economy right now?

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Questions Covered:

  1. Can you set the stage by giving us a background on the stock market crashes that you’ve been through, and what were some of the worst declines that you experienced during this time?

  2. When you encountered significant drops, such as seeing your portfolio drop by 20% or more, what sort of thinking or mindset helped you endure seeing your net worth drop so substantially? 

  3. You are retired now, but back in your working years, you’ve spent decades working with clients helping them get through these difficult stock market drops as well. When you encountered a client who was anxious and distressed about seeing their investments plummet, what have you found worked well in terms of advice you could give them to calm them down, reduce their anxiety, and not have them panic sell?

  4. Now that you are in retirement, I recall the last time we spoke that you have adjusted your portfolio to be less volatile during market downturns. In other words, instead of fully optimizing for maximum growth, you’ve shifted the portfolio to focus a bit more on lowering its volatility and preserving your capital during downturns. Can you speak to your thought process when doing this type of shift to your investment portfolio?

  5. Follow up: What specific types of investments did you start utilizing to not just have a portfolio of 100% stocks?

  6. Is there anything that you were hoping we could cover today that we haven’t spoken about yet?

  7. Tell us more about where we can learn more from you? and any other educational resources that you’d like to highlight.

 

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