Becker Private Equity & Business Podcast
The Markets are On a Run, Don’t Do Anything Stupid 5-19-25
Mon, 19 May 2025
While the markets have been looking good in the past month or so, Scott warns not to go overboard on spending or big purchases while things are looking optimistic.
Chapter 1: What is the main topic of this episode?
This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is the markets are on a run. Don't do something stupid. So here's the concept. The markets over the last month have been on one heck of a run. And so the S&P recovered about 12%. It's back to even for the year. The NASDAQ very similar. It's recovered all of its losses is up for the year.
Chapter 2: Why should investors be cautious during market highs?
As an investor, it's very hard not to feel pretty euphoric when the market works for you like it's done the last month. And then you often want to up your allocation of equities and you feel like you can't lose.
It's also, from my perspective, challenging not to go out and do something impulsive, you know, like buy a, you know, as you start to feel wealthier, as you've got this wealth effect going on. You know, of course, And I won't do this because I don't do this, but a Maserati SUV seems fun in calling my name. But alas, we know that when the market goes up, there are multiple things we know.
One that could go back down. So get your dopamine fixes for the market going up with a nice dinner, a nice drink, a nice whatever, but not something that sets you back $50,000 to $100,000. Second, we know that it's not good to splurge when the market is going up. So keep those splurges under control. Again, the market is surging. God bless. Don't do anything dumb. That's the message for today.
Thank you very much for listening to the Becker Private Equity and Business Podcast. If you text me your favorite splurge, That's 773-766-5322. I'll go ahead and send you a $100 Amazon gift certificate if you're the first person to send me your favorite splurge. Thank you for listening to the Vector Private Equity and Business Podcast.