Ep 39: Financial Terms You Should Know During A Pandemic

What do you call what just happened in the market? Do you know what tax loss harvesting is? Should you be rebalancing? Find out in today’s show!

 

Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-39-financial-terms-you-should-know-during-a-pandemic/ 

 

Today's show schedule: 

1:55 - What to call “what happened” in the market?

3:44 - What are the different shapes of the market and what do they mean?

4:59 - Does the market directly correlate with the economy?

6:38 - What is a depression?

8:43 - What is a VIX?

9:38 - What is tax loss harvesting?

12:35 - Do index funds help people avoid some of the problems?

17:26 - What is rebalancing and how often should we do it?