Emily Flippen

Yeah, that's a great question.

And let me start off by saying, I acknowledge that my first thoughts when talking to you earlier, Travis, was, of course, I don't think there's going to be a rally towards the back half of the year.

But I want to also acknowledge there could be.

And that's part of the reason why my answer to your question is, I'm not actually doing anything differently.

And that's part of the reason why, regardless of what my personal feelings may be about the short-term implications for the market, the reality is that no one

Nobody knows how the market is going to perform in the short term.

If you had asked me the same question at this point last year, I would have said the market's gotten away from the fundamentals.

I think the next year is probably going to be a weak year of performance.

And if I had changed my investing strategy as a result, I would have potentially missed out on an incredible year of market gains, at least as the S&P 500 has performed.

So I don't mean to sound dismissive in my response.

In fact, it's actually the opposite.

But I'm

actually not doing anything differently.

The truth is that even if we do experience a drop of say 30% over the course of the next month, that doesn't actually change anything for me or long-term investors.

I don't have any money in the market that I'll need for the next three to five years.

I don't personally recommend that anybody has any money in the market that they need for the next three to five years.

So if the market drops in the short term, I just continue to do what I always do, which is I get a nice steady paycheck.

I'm very fortunate in that regard.

I continue to buy as I get money.

And that means that I will buy as the market drops, which is great.