MI234: How to Create a Recession Proof Financial Plan w/ Dave Alison

<p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><ul><li>02:50 - How to create a financial plan using Dave’s “The Bucket Plan” method.&nbsp;</li><li>09:42 - How to protect your portfolios against periods of rising interest rates and recessions.&nbsp;</li><li>37:28 - Dave’s advice on how to allocate your assets between investment accounts in the most optimal way.</li><li>37:28 - How to allocate your investments in the most tax optimal way.&nbsp;</li><li>41:27 - What a money cycle is and the role it plays in your investment plan.&nbsp;</li><li>46:01 - What a pyramid of risk is, and how it can be used to help inform your investment decisions.&nbsp;</li><li>56:42 - How to determine when it's time to sell some of our winners.&nbsp;</li><li>01:07:03 - How to use the Bucket Plan to help you rebalance your portfolio.&nbsp;</li><li>01:08:04 - Dave’s advice on how to avoid common investing mistakes during a recession.</li><li>And much, much more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Check out<strong>: </strong><a href="https://clarity2prosperity.com/" rel="noopener noreferrer" target="_blank"><strong>Clarity 2 Prosperity.</strong></a><strong>&nbsp;</strong></li><li>Check out:<strong> </strong><a href="https://alisonwealth.com/about" rel="noopener noreferrer" target="_blank"><strong>Alison Wealth Management.</strong></a><strong> </strong></li><li>Related Episode:<strong> </strong><a href="https://www.theinvestorspodcast.com/millennial-investing/risk-management-techniques/" rel="noopener noreferrer" target="_blank"><strong>Risk Management Techniques &amp; Studying Warren Buffett w/ Max Rudolph - MI193</strong></a><strong>.</strong></li></ul><p><br></p><p><strong>NEW TO THE SHOW?</strong></p><ul><li>Check out our&nbsp;<a href="https://www.theinvestorspodcast.com/mi-starter-packs/" rel="noopener noreferrer" target="_blank"><strong>Millennial Investing Starter Packs