US Jobs Report: Is a Recession Coming? #personalfinance #money #investing #doctor #podcast

All the news today is about the dramatic slowdown in U.S. hiring. Right. The jobs report came in yesterday as lower than people expected. And people think this is the onset of the feared recession we've been waiting for. Stocks are way down. Bonds are way up. I just want to remind people out there this is not something you need to do anything about. It's not a reason to change your plan. This is why you have a long term investing plan. For the most part, you know what's going to happen in the long term. If you're invested into sensible stock and bond and real estate investments over the long term, they're going to go up in value. You're going to make money. This plan works. There's no guarantees in life, but this is awfully close to a guarantee. If you're funding this plan adequately, you invest it in some reasonable way with a reasonable amount of risk, it's going to get you to a multimillionaire hood and financial independence over the course of a typical career. It's just not that complicated.