A Place of Possibility

021: Recession 101: History, Indicators, Planning, and More


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Raise your hand if you’re on the edge of your seat right now because of all the recession hype on the news? Don’t be afraid. Let those hands fly. Many people are nervous right now because of inflation, high-interest rates, and the slightly negative growth we saw last quarter. And, yes, if it continues for the next quarter, we could see a recession, but a very mild one at that. The thing is, recessions are a normal part of the economic cycle. They are not catastrophic to your wealth, and you don’t have to go DEFCON 5 on your investment decisions.

With that said, in a new episode of A Place of Possibility™, we are going to be talking about all things recession. We will talk about,

  • What a recession actually is
  • The economic cycles and what leads to a recession
  • The history of recessions and what we’ve learned
  • Why you can’t rely on the stock market for investment decisions

And more!

Our goal with this episode is to help ease your mind. No matter what happens, you will endure, and if you don’t make any drastic changes to your portfolio, you will make out pretty good on the other end – history has proven so! We can’t wait to share our insights with you and hope that you will pass this episode on to your family and friends.

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A Place of PossibilityBy Richard Del Monte and Angela Wright