73. How to Invest for Success in Recession and Inflation with Brennan Redmond
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73. How to Invest for Success in Recession and Inflation with Brennan Redmond
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Today’s guest is Brennan Redmond. Brennan (CFA, CFP) is a First Vice President at Sage Rutty in Rochester, NY. After graduating with a Bachelor of Science in Business Administration – Finance with Honors at the Rochester Institute of Technology in 2003, Brennan has been in the industry ever since, having gained experience at both large and medium sized firms. Through trust, accountability, transparency and communication, Brennan and his team ensure that his client's maintain a balance between meeting today's needs and tomorrow's priorities.
In this episode we discuss:
- The proper mindset when determining how to spend or save your money
- Are we in a depression?
- How far is inflation going to go?
- What strategy allowed Brennan to profit in 2022
- How inflation will affect the economy
- How to fire your broker and profit
- Top 3 questions to ask a financial advisor
- How inflation hurts the lower class most
- How to invest to beat inflation
- How the energy sector impacts the economy
- The economic 10-year outlook
- How to teach our children about finance
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