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The Stacking Benjamins Show

This Ain't Your Grandparent's Recession

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.42K Ratings

🗓️ 4 November 2022

⏱️ 70 minutes

🧾️ Download transcript

Summary

How does today's down market compare to the past? Can we learn from the pain others endured during historical downturns? While it always makes sense to avoid mistakes in the past, our roundtable team also today throws the caution flag: beware reading too much into current events that don't necessarily correlate wth the past. CFP Eric Brotman from the Don't Retire, Graduate! podcast joins Doc G from Earn & Invest and Paulette Perhach to talk all things markets and recessions. They talk about the current financial markets, how it feels different than past recessions, lessons learned, and what YOU should be doing and thinking about with your own portfolio. This chat is inspired by a piece recently posted at the amazing blogger Donna Freedman's website, Surviving and Thriving...which gave the team lots of facets of this discussion to chew on. Of course, we can't leave out Mom's Neighbor Doug! He will share his trivia to continue our year-long trivia competition, which only tightens as we near the finish line. Will things heat up even more? You'll find show notes for this episode at stackingbenjamins.com/roundtable-1272. Deeper dives with curated links, topics, and discussions are on our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Mailchimp would like to talk to you about customers.

0:03.6

A customer is what happens when marketers fail to personalise their marketing, grouping

0:08.0

customers with very different behaviours into one tangled mess.

0:12.0

But with Mailchimp, marketers can use real-time behaviour data to personalise every email

0:16.7

for every customer.

0:18.4

So get Mailchimp and turn your customers into customers.

0:22.6

Into it Mailchimp, the number one email marketing and automation brand.

0:26.8

Based on customer numbers for verification email, advertising at Mailchimp.com.

0:30.3

Alright, here we go.

0:33.1

Hold your ears, folks.

0:35.0

It's showtime.

0:36.8

Three, two, one, live from Joe's Mom's Basement.

0:41.3

It's the stacking venture venture.

0:53.5

I'm Joe's Mom's neighbour, Duncan Mann.

0:55.9

How about this recession stuff, huh?

0:58.4

How does it compare to other recessions?

1:01.3

And what can we learn if we do go back and look at mistakes from the past?

1:05.1

Here to dive into history books, we welcome from the Don't Retire Graduate Podcast,

1:11.2

CFP Eric Brottman.

1:13.2

Plus, from Earn and Invest, Doc G.

1:16.9

And the financial writer ready to bring the wit.

1:20.1

It's Paulette Perage.

...

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