Ep 55: How Should I Prepare for a Possible Recession?

Are we headed into a recession? That’s the question that’s on a lot of minds. On today’s show we’re going to make sure a recession doesn’t ruin your finances or retirement plans. We’ll also welcome retiree and investor Jim Manning to the show so he can ask questions, which are probably the same questions you have. <p> </p> <p><strong>What we discuss in this episode: </strong></p> <p><strong>1:21</strong> – Meet Jim Manning</p> <p><strong>4:55</strong> – Jim’s business experience</p> <p><strong>6:19</strong> – Jim’s product was used in space</p> <p><strong>12:35</strong> – What is a recession?</p> <p><strong>14:25</strong> – How to prepare</p> <p><strong>21:25</strong> – Jim’s experience with recession</p> <p><strong>23:52</strong> – Going to cash</p> <p><strong>29:09</strong> – How long could it last?</p> <p><strong>36:30</strong> – Adjusting investment strategy</p> <p><strong>40:28</strong> – Age makes a difference</p> <p><strong>42:32</strong> – Minimize stress and fear</p> <p> </p> <p><strong>Read more and get additional financial resources here:</strong> <a href= "http://lifemoneyshow.com">http://lifemoneyshow.com</a> </p> <p> </p> <p><strong>Check out our YouTube channel:</strong> <a href= "https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ">https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ</a> </p>