Episode 397

MI234: How to Create a Recession Proof Financial Plan w/ Dave Alison

Rebecca Hotsko chats with Dave Alison. In this episode, they discuss how to create a financial plan using Dave’s “Bucket Plan” method, what the three phases in his bucket plan are, how to use the “Bucket Plan” method to help you allocate your investments and rebalance your portfolio, Dave’s tips on how to protect your portfolio against periods of rising interest rates and recessions, how to allocate your investments between accounts in the most tax optimal way, how to determine when it’s time to sell some of your winners, and so much more.

The Intrinsic Value Podcast - The Investor’s Podcast Network

November 10, 20221h 8m

Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

IN THIS EPISODE, YOU’LL LEARN:

02:50 - How to create a financial plan using Dave’s “The Bucket Plan” method.
09:42 - How to protect your portfolios against periods of rising interest rates and recessions.
37:28 - Dave’s advice on how to allocate your assets between investment accounts in the most optimal way.
37:28 - How to allocate your investments in the most tax optimal way.
41:27 - What a money cycle is and the role it plays in your investment plan.
46:01 - What a pyramid of risk is, and how it can be used to help inform your investment decisions.
56:42 - How to determine when it's time to sell some of our winners.
01:07:03 - How to use the Bucket Plan to help you rebalance your portfolio.
01:08:04 - Dave’s advice on how to avoid common investing mistakes during a recession.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Check out: Clarity 2 Prosperity.
Check out: Alison Wealth Management.
Related Episode: Risk Management Techniques & Studying Warren Buffett w/ Max Rudolph - MI193.

NEW TO THE SHOW?

Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Connect with Dave: Twitter | LinkedIn

Connect with Rebecca: Twitter | Instagram

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

← All episodes of The Intrinsic Value Podcast - The Investor’s Podcast Network