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So Money with Farnoosh Torabi

957: Investing and the Recession with David Stein

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 28 October 2019

⏱️ 30 minutes

🧾️ Download transcript

Summary

Investing can give even the most confident a little anxiety. So when it comes to understanding how to invest, especially with talks of a recession - it helps to have a professional who can reassure and break things down. David Stein has managed billions of dollars as a professional advisor. Now, he shares his knowledge with the rest of us on his podcast and book, both entitled Money For The Rest of Us. You can learn more about David on his website: https://moneyfortherestofus.com/. And connect with him on Instagram @JDStein on Twitter @JDStein Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 957 David Stein, author of Money for the Rest of Us.

0:05.2

You're listening to So Money, with award-winning Money Guru Farnush Karabi.

0:11.2

Each day get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnuus herself.

0:20.0

Looking for ways to save on gas or double your double coupons?

0:24.0

Sorry, you're in the wrong place.

0:27.0

Seeking profound ways to live a richer, happier life.

0:30.0

Welcome to So Money.

0:33.0

This has to be the most telegraphed, waited for, promised recession that I've ever seen in my investment career.

0:42.0

We are talking about the R word today. Welcome back to

0:46.8

so money everybody. I'm your host, Farnish Terabi. How about that for Monday

0:50.8

motivation. Talking about recessions on your favorite

0:54.0

podcast well you know I just do what you tell me you guys have been asking a lot of

0:58.0

questions about the predicted downturn in the market and as you just heard our

1:02.2

guest say he says it's one of the most talked

1:04.7

about most anticipated recessions as far as he can remember and David Stein our guest you

1:09.9

know he's got a little bit of experience with this. He's been investing for over 30 years,

1:15.0

managing billions of dollars as a professional advisor.

1:18.0

And now, thankfully, he's sharing his knowledge with you and I, the rest of us.

1:23.4

He's got a podcast called Money for the Rest of Us and also a book with the same title,

1:28.6

Money for the Rest of Us.

1:30.2

We have him here talking about not just how to prepare for the downturn, but how to invest your money in all market conditions and what to look for, how to be strategic, whether you've got a 401k at work or an IRA, we cover it all. Here's our friend, David Stein.

1:47.0

David Stein, welcome to So Money. Welcome back to So Money, I should say. How are you?

...

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