What To Do With Your Money During A Recession

Welcome to a Financial Planning Podcast with a down to earth vibe Sasquatch listens while picking blueberries, this is Through the Pines… On this episode we’ll chat when to change advisors

 

What To Do With Your Money During A Recession

• Should you change anything?
• Rebalance your portfolio.
• Revisit your budget.
• Max out retirement contributions?
• Convert funds to a Roth IRA?
• Properly diversify your investments.
• Invest in well-managed companies that have low debt, good cash flow, and strong balance sheets.
• Avoid investing in companies that are highly leveraged, cyclical, or speculative
• When to contact your advisor

 

We cover these topics on this episode of Through The Pines - What to do with your money during a recession

 

Our Advisors for this episode is planwithbaxter.com

 

Forbes Best in State Wealth Management Teams For Utah - Baxter, Nelsen & Associates

Advisor Hub Fastest Growing Advisors to Watch under 1 Billion - Baxter, Nelsen & Associates

Receivers of the Ameriprise Client Experience Award - Baxter, Nelsen & Associates

 

Financial Advisors: Baxter, Nelson & Associates

Contact: rex.m.baxter@ampf.com

Website: https://www.ameripriseadvisors.com/team/baxter-nelsen-associates/

 

Find value in this podcast, consider supporting us here: https://www.buymeacoffee.com/banyanmedia

 

LIKE our Facebook Page: https://www.facebook.com/pinespodcast

Follow our Instagram: https://www.instagram.com/pines_podcast/

 

Through the Pines  -  Reminding you to use Yesterday’s Dollars to Finance Tomorrow’s Dreams.

 

****

 

This episode includes financial advice from professionals. Visit the financial planners in this podcast at www.planwithbaxter.com The Banyan Collective & Host, R. Brandon Long are not the financial professionals - podcast pro's, maybe - money men, not so much.

 

Through the Pines Podcast Copyright, The Banyan Collective - 2023