logo
episode-header-image
About this episode

At this point, who knows if we’re actually in a recession, and how big that recession might actually be. But that doesn’t change the fact that Wall Street is on pins and needles and the stock market has seen a fair share of ups and downs in the last 6 months. According to the Wall Street Journal, Despite signs that inflation has started to recede, economists still expect higher interest rates to push the U.S. economy into a recession in the coming year. On average, business and academic economists polled by the Journal put the probability of a recession in the next 12 months at 61%. What I really wanted to know, and my guess is you do too, is what in the world should you do with your investments in a recession. I called in Money’s Investing Editor, Mallika Mitra to weigh in on how you should be thinking about investing this year, tips to move past fear-based investing, what percentage of your paycheck should you be investing with, and why are women handling the stock market twists and turns better than men. It’s fascinating.

LINKS

Money

Investing With Money

SPONSORS

Thanks to ShipStation for sponsoring the show. Go to ShipStation.com today and sign up with promo code MYMONEY for a FREE 60-day trial.

Thanks to HelloFresh for sponsoring this show. Go to HelloFresh.com/mymoney21 and use code mymoney21 for 21 free meals plus free shipping.

LEAVE US A REVIEW

Leave us an honest rating and review, pretty please. Head to the podcast player you’re listening to this episode in to leave us a review or you can click here to leave a review for Everyone's Talkin' Money podcast on Apple Podcasts. 

Love this episode. Share it with a few friends so they can learn these valuable money concepts as well. Be sure to FOLLOW and SUBSCRIBE to never miss an episode!

GOT A QUESTION?

Have a Shannah Shares question? Submit your question here https://bit.ly/shannahshares

MORE MONEY TIPS

Follow Me on Instagram for more money tips and behind-the-scenes information https://www.instagram.com/shannahgame

FREE GUIDES + RESOURCES

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Jul 8
Work Less, Make More: Dr. Nona Djavid’s Blueprint for the 1-Week-a-Month Lifestyle
What if the real secret to growing your business and your bank account isn’t more hustle, but less? In this mind-expanding conversation, Dr. Nona Djavid breaks down how she turned a burned-out chiropractic practice into multiple seven-figure ventures — all while working just one ... Show More
46m 27s
Jul 8
Everyone’s Talkin’ Money: Where Real Life Meets Real Money
Ready to break up with boring money talk? Welcome to Everyone’s Talkin’ Money — your new go-to for honest, jargon-free conversations about money and life. Hosted by an award-winning financial advisor, Shari Rash, who actually gets your real life (no latte-shaming here!), this sho ... Show More
6m 35s
Jul 5
Buy It Right or Buy It Twice: The Smart Girl’s Guide to Spending Intentionally
Ever catch yourself staring at your overstuffed closet thinking, “How did I spend so much and still feel like I have nothing to wear?” Or scrolling your Amazon order history and realizing half of it is basically regret with free shipping? You’re not alone — and you’re definitely ... Show More
40m 12s
Recommended Episodes
Mar 2024
Investing Advice from the Most Powerful Woman on Wall Street
#76: Sallie Krawcheck, is the current CEO of Ellevest and the former Head of Bank of America’s Global Wealth and Investment Management division. She’s potentially the most influential woman on Wall Street, who offers insights on simplifying financial planning and how women can na ... Show More
1h 3m
Jan 2019
Recession Proofing Your Finances #055
Are we ready for a recession? The economy has been roaring for close to a decade and corrections are inevitable. We’re not saying to pay uber close attention to the news cycle and the different predictions of the market tanking, but it is good to be prepared. But even if an actua ... Show More
35m 41s
Jan 2023
TIP514: Permanent Supply Chain Disruptions That Will Sink the Economy w/ Jim Rickards
IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:31 - How Inflation has been winning the tug of war with Deflation, but not for long.23:58 - The importance of the velocity of money.29:12 - How supply chains have evolved and who we’ve ended up where we are. 55:18 - How China’s power ... Show More
1h 5m
Jan 2022
Ask HTM - Investing 100% of Your Income, Pitfalls to Avoid when Switching Banks, & Self Employment Downsides #460
We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask/ , send us your voice memo. Regardless of how random or bizarre you might think it is, ... Show More
43m 51s
May 2020
Where to Look for a New Job & Is More Stimulus Money Coming? #201
Friday episodes are all about the effects of Covid-19 on your personal finances. There’s a lot of news and information out there, but we are distilling it down to specific takeaways that will allow you to weather this surreal health and financial crisis. In today’s timely episode ... Show More
22m 28s
Jul 2020
Ask HTM - Investing in Startups, Refinancing Student Loans on a Fixed or Variable Rate, and Skyrocketing Home Insurance Rates #232
We’re kicking off the week by answering your questions! And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/1 - Should I refinance my student loans into a variable or fixed rate?2 - How does it work if I want to take a 401k distribution ... Show More
34m 37s
Jan 2023
TIP511: How to Pick Stocks like Peter Lynch
IN THIS EPISODE, YOU'LL LEARN: 05:27 - How everyday people can actually have an advantage investing in stocks over those on Wall Street. 13:15 - Lynch’s stock investing philosophies and methods. 26:41 - How he categorizes the stocks he invests in, in order to manage expectations. ... Show More
54m 18s
Dec 2019
Saving to Invest
One of the most common reasons we hear from people not investing is that they don't have enough money.In this episode we will prove to you why this is certainly not the case, and why learning to save is critical to getting started investing. We'll also share some of our money sav ... Show More
22m 38s
Apr 2024
Ask HTM - Investing Deadlines, Building Generational Wealth, & Coping With Financial Regrets #808
Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guid ... Show More
56m 36s
Jan 2023
TIP512: Top Takeaways from 2022 w/ Trey Lockerbie
IN THIS EPISODE, YOU'LL LEARN: 03:54 - How today’s inflation compares to 1970 with Jeremy Grantham. 07:52 - Why Michael Mauboussin says you have to earn the right to use a valuation multiple. 13:17 - How energy impacts inflation with Josh Young. 31:55 - Why investors should consi ... Show More
1h 12m