Much like the weather, the stock market has its share of ups and downs. Those stormy days might feel unrelenting at times, but even in weeks filled with red, we can usually count on brighter days ahead. In this episode, Scott will provide some much-needed context for market corrections, explain how they differ from pullbacks and bear markets, and show you why staying calm is the best approach.

Here’s what we cover in this episode:

📉 Pullback vs. Correction vs. Bear Market – What’s the difference?

⚠️ Why Market Corrections Happen –

💡 The biggest mistakes investors make in downturns

📊 Protecting Your Portfolio – How diversification & risk management help

0:00 – Intro

0:56 – What’s causing this volatility

5:35 – 3 types of market movements

8:21 – Market correction factors

13:00 – How does it impact you?

18:08 – 5 actionable items

Get our latest on market corrections here: https://listentoscott.com/wp-content/uploads/2025/03/UNDERSTANDING-MARKET-CORRECTIONS.pdf 

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It’s been a tumultuous start to 2025 in the job market as layoffs are happening across a number of different sectors. No matter how you feel about the state of things, it’s important to take the necessary steps to prepare if you’re worried about that possibility.

We’re going to pull insights from the book Upgrade Your Path by Melissa Ceballos, PHR, SHRM-CP. She’s a great member of our team and a former HR professional, and this book is about navigating a career transition, elevating your professional trajectory, and financial success. We discuss the importance of self-assessment, networking, and understanding your financial situation, offering you a roadmap to take control of your careers and futures.

If you want to get your own copy of this book, we have a free giveaway offer available now: https://keap.page/vs490/upgrade-your-path-linkedin.html

Here’s what we discuss in this episode:

0:00 – Intro

2:22 – Career transitioning

3:58 – Federal employees

5:07 – What options do you have?

7:49 – First step after a layoff

11:55 – How jobs are changing

Schedule a 15-minute consultation:  https://calendly.com/erg-slc/15minutediscoverycall

Get your free copy of “Rounding Third:”  http://rounding-third.elevatemyretirement.com/

Contact us:

(801) 639-0095

slee@erg-slc.com