Do you have a financial question you'd like one of our Financial Nerds to answer? Submit your questions at and watch for our response on an upcoming episode! Markets are difficult to predict and the number of variables that can influence the price of any given stock will probably make you head spin. So, do you think you have what it takes to time the market and buy the dip? Is it worth the risk? Today on the Ask The Money Nerds Segment of the Wealth Labs Podcast, we are going to be exploring those questions and let you decide for yourself!
Time Stamps:
1:10 – We are often told to buy the market when things are “on sale”. Should I put more money into my vanguard account during this time?
1:45 – What is Dollar Cost Averaging?
2:20 – Is it possible to time the market?
3:30 – Why is it so difficult to time the market…
6:50 – The flaw with most mutual funds
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Garrett is the author of the New York Times and Wall Street Journal bestselling personal finance book Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity.
He is the Founder and Chief Wealth Architect of the Inc. 500 firm, Wealth Factory. A regular on ABC’s Good Money, he has been on Fox, CNBC, as well as hundreds of radio interviews, and is a contributor for Forbes. Garrett is a frequent speaker at workshops and conferences. He lives in Salt Lake City.
Garrett has also been interviewed by some of the greats in the personal development space like Hal Elrod, Robert Kiyosaki, Ryan Moran at the Capitalism Conference, Dan Sullivan from Strategic Coach, the Mindvalley Podcast, Project Life Mastery with Stefan James, Joe Polish of Genius Network, Entrepreneur on Fire with John Lee Dumas, The Science of Flipping with Justin Colby, The How of Business, and many more!
If you want to build sustainable wealth, increase your monthly cash flow and enjoy economic independence without using budgets, cutbacks, limiting your lifestyle or adding new customers to your business, then Garrett & the Wealth Factory team can help provide the tools and training you need to build the life you love.
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This video is about Is it WORTH Buying During Market Drop / Wealth Labs Podcast with Garrett Gunderson
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