Greece Debt Crisis Could Trigger The Next Stock Market Correction: Are Main Street Investors Prepared?

Thanks to the Greece debt crisis, the Dow Jones tumbled 350 points on Monday. While Wall Street weighs in on the news and has plans in place to capitalize on today’s weak markets, main street investors are left to fend for themselves.

Whenever there are large fluctuations in the U.S stock market, 401k investors are advised to ride it out and wait for a recovery. What if the Greece debt crisis is the catalyst that triggers the much anticipated stock market correction? Will financial advisors have the tools to help their clients deal with  the uncertainty and the money anxiety that is associated with a volatile stock market?

A recent survey by the American Psychological Association indicated that 72% of Americans found money to be the biggest source of stress and anxiety in their life.

“If the U.S. stock market takes a sharp nose dive, Americans will see the gains that they have accumulated over the past 6 years erased and their 401k balances will also head lower,”  Said Thembi Buthelezi, a former Wall Street trader and founder of Stock Market For Beginners School website.

Combine this with the already shaky global economy, the 72% of Americans who suffer from money anxiety disorder and a U.S. stock market that is posting record single day declines, it may be time for main street investors to prepare themselves.

Buthelezi, recently published a report titled: Freedom From Money Anxiety, which details the exact steps main street investors can take to  eliminate their money anxiety during volatile markets.

The Freedom From Money Anxiety website http://www.freefrommoneyanxiety.com is dedicated to helping Americans , develop a healthier relationship with their money and build the confidence to have empowered investing conversations with their financial advisors during these uncertain economic times.
 

Contact Information

Thembi Buthelezi

Stock Market Strategist

Stock Market for Beginners School

Contact via E-mail