The Bear Market, Future Returns, and the History of Low-Cost Investing with Eric Balchunas
The Bear Market, Future Returns, and the History of Low-Cost Investing with Eric Balchunas  
Podcast: The Money with Katie Show
Published On: Wed Jun 22 2022
Description: Every time the market experiences a drawdown, it feels like the echoing chorus of, “This time, it’s different,” gets more deafening. As the history buffs assure us, that’s very unlikely—but that doesn’t change the fact I want to hedge if it’s true. For many of us #n00b investors who started in the last decade, we’re experiencing a serious pullback for the first time (I no longer count the 30% COVID drawdown since it was so short-lived). I think it’s a (healthy) reminder that investing in the stock market is not a risk-free proposition, and returns are not guaranteed.So how do we adjust our expectations and behavior accordingly? I’ll tell you how I’m pivoting in this week’s episode.I invited Bloomberg ETF analyst Eric Balchunas on the show to talk about the history of low-cost investing, Jack Bogle’s legacy, and Vanguard’s role in changing the industry forever—plus, his spicy take on cryptocurrency. 👀ResourcesEric's book, The Bogle EffectFollow AlongListen to Money with Katie here: https://www.podpage.com/money-with-katie-show/Read Money with Katie: https://moneywithkatie.com/ Follow Money with Katie!Instagram: https://www.instagram.com/moneywithkatie/Twitter: https://twitter.com/moneywithkatieTikTok: https://www.tiktok.com/@moneywithkatieThis episode is sponsored by Betterment.Learn more about your ad choices. Visit megaphone.fm/adchoices This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com