1812: Ask Farnoosh: How to Recession-Proof Your Investments, Career and Spending Power

11 Apr 2025 • 29 min • EN
29 min
00:00
29:13
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Joining me today for a very special Ask Farnoosh episode is Maggie Johndrow, a seasoned wealth advisor and partner with Johndrow Wealth Management. Maggie brings her signature calm, clear-headed guidance to our turbulent financial times — and let's be honest, we could all use a little Maggie in our wallets right now. In this episode, we tackle some of the most pressing money questions on your mind as headlines swirl with talk of tariffs, market volatility, and a possible recession. Maggie walks us through: The behavioral traps investors are falling into right now (hello, regret aversion and herd mentality) — and how to avoid them.Her smart and simple "three-bucket strategy" for managing your investments during uncertain times, especially if you're nearing retirement or need access to cash soon.How tariffs might hit our wallets — from rising consumer prices to the potential ripple effects on jobs, inflation, and the Fed's next move.What to prioritize financially if you're worried about a layoff or loss of income, including how to protect your emergency fund, health insurance, and long-term goals like retirement and college savings.And perhaps most reassuring of all — why making small, consistent investing moves still matters more than trying to time the market perfectly.

From "So Money with Farnoosh Torabi"

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