Get real-life context for practical money rules and the theory of financial advice. Beyond Finances is your place for understanding how to maximize your potential and seize every opportunity with both your finances and your life. The show exists at the intersection of personal development and financial success, and hosts Kali and Eric Roberge, CFP strive to help you make smarter money decisions that will position you to create, grow, and keep real wealth. Join in on in-depth, intimate conversations and understand what it really takes to use your money as a tool to enjoy your life now while still planning responsibly for tomorrow. Learn more at http://beyondyourhammock.com
United States
21 episodes
since Jan. 4, 2019



Find out exactly what to do in the face of a downturn, learn why market timing is a loser's game, and pick up our tips on how to recession-proof your life. There has been a lot of talk and media coverage around the question of, “is this the next recession?” There's a lot of implication that it’s this big, looming thing that’s about to happen -- and we’re all totally screwed when it does. But this is an emotionally-charged takeaway, to say the least. Is it true? To figure out what to make of recent headlines and recession fears, we take a step back in this episode to focus on a few key facts: We don’t know WITH CERTAINTY when the next recession will start We don’t know EXACTLY how much it might impact the market or economy We don’t know PRECISELY when it will end and a new expansion will begin What we do know is: Recessions are normal parts of market cycles and should be expected Market volatility is also normal, and also to be expected Market timing doesn’t work… but investing for the long term with a diversified portfolio appropriately allocated to your goals, needs, and time horizon can work very well In this show, we look at both what we know -- and what we don't -- and explain what you should make of each so you can feel confident about your investments, your finances, and what to do if a recession strikes tomorrow (or in a few years). Full show notes with all links to data and stats discussed in this episode here: http://www.beyondyourhammock.com/21
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