What Financial Education said in this video:
- QQQneutralThe Nasdaq, represented by QQQ, is down just over 5% from last week's recent highs, but the host argues this is nothing in the grand scheme: the Nasdaq fell over 50% in the Great Financial Crisis, over 35% in the Rona crash, about 23% in late 2018, and 37% in 2022. Therefore the current drawdown is relatively small, though it could still get a lot worse, so investors should be mentally prepared.Source
- OtherneutralThe host emphasizes staying away from margin and heavy options trading, because heavy margin use and one-day options lead to margin calls that amplify sharp sell-offs. He advises playing the long-term game the right way and not turning investing into a gambling circus.Source