Tag: Bear Markets

Should You Sell When the Stock Market Drops? Ft. Michael Boyle (Ep. 12)

Should You Sell When the Stock Market Drops? Ft. Michael Boyle (Ep. 12)

What should you do when the stock market drops and your investment account suddenly loses value? Before selling during a downturn, it helps to understand what the decline makes you fear losing in your life.

In this episode, Eric Lee and Michael Boyle explore why a market decline can make retirement, independence, and future choices feel less certain. Eric explains how investors become attached to a portfolio’s highest value and why a lower balance can feel like money has been taken from them. They examine the urge to sell during a bear market, the relief it may provide, and the difficult question of when to reinvest. Eric also shares three questions to consider before making a fear-based investment decision. The conversation offers a practical way to prepare for market volatility and evaluate whether a downturn has actually changed your financial plan.

Eric discusses:

  • Why a falling portfolio can raise concerns about retirement, family support, and running out of money
  • How selling during a market downturn can create a difficult decision about when to reinvest
  • Three questions to ask before changing your investments in response to fear
  • Why preparing during strong markets can help you respond more thoughtfully when volatility returns
  • And more!

Contact Eric Lee:

Contact Michael Boyle:

About Our Guest:

Michael Boyle is Eric Lee’s partner at Purple Wealth and a returning contributor to Better Conversations: The Life & Money Podcast. In this conversation, he shares his perspective on market declines, investor fear, the emotional pressure to sell, and preparing for volatility before it happens. 

When The Market Falls: What Are You Really Afraid of Losing? Ft. Michael Boyle (Ep. 11)

When The Market Falls: What Are You Really Afraid of Losing? Ft. Michael Boyle (Ep. 11)

Should you sell your investments when the market drops? When fear takes over during a bear market, temporary market volatility can feel like permanent investment loss, but reacting too quickly may put your long-term financial plan at risk.

In this episode, Eric Lee is joined by his partner, Michael Boyle, to discuss how investors can prepare for market declines without allowing fear to control their financial decisions. They explain why falling portfolio values can trigger panic selling and pull investors away from the strategy designed to support their long-term goals. Eric and Michael also examine less visible investment risks, including inflation and the gradual loss of purchasing power. They explore how an investor’s time horizon should influence portfolio decisions and why market volatility is not automatically the same as losing money. The conversation also introduces a four-step process for responding more thoughtfully when markets decline.

Eric and Michael discuss:

  • Why market declines can create an immediate urge to sell
  • How to avoid panic selling during a bear market
  • The difference between market volatility and permanent investment loss
  • How inflation can reduce purchasing power over time
  • Why investment time horizon and portfolio stress testing matter
  • And more!

Resources:

Contact Eric Lee:

Contact Michael Boyle:

About Our Guest:

Michael Boyle is Eric Lee’s partner at Purple Wealth and a returning contributor to Better Conversations: The Life & Money Podcast. In this conversation, he shares his perspective on market volatility, investment risk, inflation, and the emotional decisions investors face during market declines.