How to Prepare Yourself for the Potential Recession (Part 2)
Released Tuesday, 12th July 2022
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How to Prepare Yourself for the Potential Recession (Part 2)
How to Prepare Yourself for the Potential Recession (Part 2)
Tuesday, 12th July 2022
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Last week you learned how to preserve your wealth during a recession. In this episode, we go on the offensive and explain how you can earn huge returns coming out of a recession.
- Stocks on sale! (0:45)
- Investing during a downturn? – consider your risk tolerance (3:40)
- Dollar cost averaging – not a bad strategy (5:40)
- Protect your backside first (6:43)
- BONUS: How have our financial plans changed with the economic slow down? (9:25)
- TEASER: Somethings coming…. (14:45)
Resources:
- Download the Financial ToolKit
- Episode 6: Debt Repayment
- Episode 12: How to Become Debt Free Quickly and Effectively
- Episode 13: The Definitive Guide to Emergency Funds
- Episode 42: Do I Need Disability Insurance?
- Investopedia: 7 Ways to Recession-Proof Your Life
- Contact Us
Theme Music: Pamgaea Kevin MacLeod. Licensed under Creative Commons: By Attribution 3.0 License
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The Allied Health Financial Podcast
Personal finance education and evidence-based financial for Canadian allied health professionals. Over the years you have spent countless hours mastering your skills to ensure your patients receive the best care possible. Financial literacy and your personal wealth deserve the same level of attention and care. From formulating a budget and developing an emergency fund to paying down debt and investing, we cover it all. We are two members of the allied health community, and we began our personal finance journey 6 years ago. After recognizing the lack of personal financial know how in the health care community, we got to work. We have put together all the information needed to make informed decisions, and resources to execute those decisions, all in the context of today’s health care worker. We hope you enjoy and learn!Join Podchaser to...
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