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

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 11 April 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

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.

Transcript

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0:00.0	Acast recommends.
0:02.0	Hi, my name's Paloma Faith and this is my new show.
0:06.0	One, two, three, four!
0:07.0	I'm really mad, sad and bad.
0:10.0	I've been called mad and bad my whole life.
0:13.0	I've also had some real moments of sad, so I decided to make a podcast.
0:17.0	This series, I'll be speaking to my favourite actors, comedians, musicians and thinkers to find out what makes them mad, sad and bad. Out now.
0:27.3	This is like free therapy for you, wouldn't it?
0:34.7	A-cast is the home of podcasting, including such shows as,
0:38.5	blog books, the high performance podcast, and the one you're listening to right now.
0:47.1	So Money episode 1812, Ask Farnoosh.
0:51.5	You're listening to So Money with award-winning money guru Farnoosh Karabi.
0:56.4	Each day, get a 30-minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnoose yourself.
1:05.6	Looking for ways to save on gas or double your double coupons?
1:09.4	Sorry.
1:10.3	You're in the wrong place. Seeking profound ways to
1:12.9	live a richer, happier life. Welcome to So Money. Welcome to So Money, everyone. I'm Farnished Tarabi.
1:20.8	It's Friday, April 11th, and it's time to tackle your biggest money questions. Let me guess.
1:28.5	We're still thinking about tariffs. We're still focused on the market mayhem. No surprise there, right? We're recording this
1:33.8	episode just days after the latest tariff announcements, which sent markets and many of our
1:39.2	feelings on a bit of a roller coaster. So stay tuned in this episode. We're going to meet one of my favorite
1:45.3	voices in wealth management, Maggie Johnro, she's going to help us all breathe a little easier.
	...

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