The next recession or market downturn could be more painful than the last – simply because you have more money invested!
In our last video, we identified 3 things to AVOID when planning for the next recession and/or market downturn. This time Charlie discusses the 3 things you CAN do to be prepared financially.
No one knows for sure when the next recession will hit or what it will look like, but with preparation and forethought you can set yourself up for security through the turbulent markets and potential recession.
Charlie has brought lessons learned from his training in the military and as an airline pilot to help clients work through various scenarios and put together a successful plan to weather the storm.
This is the second in a two-part series discussing Recession Preparedness. Be sure to subscribe to our page to receive notification of future videos and useful financial information.
Book reference: Chasing Daylight by Eugene O’Kelly
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this video will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio. Moreover, you should not assume that any information or any corresponding discussions serves as the receipt of, or as a substitute for, personalized investment advice from Leading Edge Financial Planning personnel. The opinions expressed are those of Leading Edge Financial Planning as of 08/09/2018 and are subject to change at any time due to the changes in market or economic conditions.