Dave Young, President of Paragon Wealth Management, did a live interview on KSL radio today with Doug Wright. They discussed the current stock market situation. Click on one of the links below to listen to the show.
Download ksl_show_sept. 30 2008.WMA (30 min. without commercials. Works on a PC)
http://pandora.bonnint.net/audio/2008_09_30_doug3.mp3 (60 min. with commercials. Works on all computers)
Some highlights from the show:
- Advice for investors.
- In reality this is the 34th bear market we've seen since 1900.
- "When people get greedy, I get scared. When people get scared, I get greedy." (Warren Buffet)
- Why did the banks go out of business?
- Should we have this "Wall Street Bailout?"
- How bad are things? Is this like the Great Depression?
- What happens to your shares in the banks that went down?
- When the stock market drops this much, where does that money go?
- The media makes things look worse.
- What should you do if you have pensions, IRAs, etc.?
- Is our economy weak?
Dave has another interview with Doug Wright this Sunday, October 5, at noon after General Conference on 102.7 FM or 1160 AM. The interview was pre-recorded today. It is about an hour. They discussed Dave's "Seven Steps to Building Wealth," investing tips, budgeting ideas, how to stay out of debt, etc.
Feel free to leave comments or questions. We'd like to hear your feedback. You can also call us at 801-375-2500.
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