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00:00 – Introduction
01:22 – Recessions and the current environment
03:28 – Timing the market
05:03 – Safe havens
06:15 – Sector rotation
07:16 – Why recession-based investing is misguided
09:33 – 1) Review risk tolerance
10:46 – 2) Review risk position
11:53 – 3) Take advantage
12:28 – Conclusion
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DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice – Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer)….(read more)
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Inflation- thats the price we pay for those government benefits everybody thought were free making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
Unless ww3 happens and then we are all f..k lol
kevins clickbait is next level, shame his content is lacking massively
Good video but you're a year too late, you should've prepared last year, right now we are already long inside a recession with most pain in growth and tech priced in
Risk Management is the King
If the stock market only tracks a tiny number of companies in the Economy then couldnt we have been in a recession way before the stock market showed one itself?
>>The market cycle still hasn't met its balance, we keep going round in circles while waiting for that bullish run on a great support. However, in the mean time we could always ignore the market ups and downs and stay fully invested. Big thanks to TERESA JENSEN WHITE for helping me earned over 17>btc by implementing her methods and following her guides
I agree in general., will slightly adjust my portfolio.
I don't have to touch my 401K for decade(s) so it won't matter that much.
I just dump 20% a paycheck into VEQT. Learned the tech point the hard way..
Once the US enters this 'recession', there is NO coming out! The debt is STILL there, the corrupt power-hungry government is still there, the crime, drugs, immigration . . . all still there. The problems do NOT magically go away. There must be a cleansing of the government, the judicial and monetary system. Sit down and hold on.
Mr.. bagel, you truly said it like a professional. I am glad I am subscribed to your channel and pursuing cfa. Thank you for your content
The current economic climate had me worried that stocks I buy would drop in value, your point on separating the stock market and the economic performance is very interesting.
Thank you Richard. Lessons like what you discussed in this video are an important reality check for many trying to "prepare" but in reality can end up harming themselves.
Always good to watch an old school style episode richard
Here's a simpler strategy:
High yields get fiat
Low yields get stocks
It's as easy as that
This ain't no recession! This is Staglfation boy!
all I want for Christmas is -50% sale on my dream house
As down to earth as always. So much needed on yt. Thanks
Bunch of economic girly men.
The best thing is to do absolutely nothing, or reduce spending
But isn't it true that the 10 best trading days occurred during bear markets?
Amen Brother !
dollar cost averaging is the best approach. In retirement try to generate income via dividend paying stocks and other investments that pay an income. Best to not touch the principle.
Just like the ep in South Park "and its gone!"
Bitcoin will recover.
Hard times so reviews can create new generations of wealth, great video
Movie industry has historically been recession proof
Always appreciate the down to earthiness of your videos!
Hey! Loved the video! Question – is it a bad time to invest in a collector car as a safe haven?
I am currently all in on a couple buisnisses in the Oil industry, my gamble right now is oil will be stronger by summer. i will need to diversify sooner or later, but i am not feeling inspired by todays market