Fire Portfolio Pivots To Make After A Historic Week | Life After Fire | Bigger Pockets Video

Episode #631

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We’re coming off one of the wildest weeks in stock market history. How are retirees reacting to these massive swings? How should you adjust your FIRE portfolio in case there are even more turbulent times ahead? We’re chatting with someone who’s in the loop!

Welcome back to the “BiggerPockets Money” podcast! Today, Emma von Weise, certified financial planner (CFP), returns to the show to give her perspective on the recent stock market volatility. She’ll share what her clients are doing and the course of action she recommends for those who are worried about their nest egg crumbling.

Times like these prove you need an investment plan. If you don’t already have one, Emma will show you how to create it. You’ll also learn how a few years of cash distributions can help you protect your investments and keep you from selling stocks at a loss. Are bonds actually a “safe haven” for investors? We’ll make sense of rising yields and, finally, share a tax strategy YOU can take advantage of during a stock market slide to trim your taxable income!

00:00 Intro
00:36 Riding Out the Market
02:39 Taking Cash Distributions
07:04 Why Are Bond Yields Spiking?
13:12 How to Make an Investment Plan
18:08 How “Safe” Are Bonds?
24:28 Tax-Loss Harvesting 101
28:16 Connect with Emma!