In this episode of “Your Telecom Retirement,” we explore the mantra “do the opposite” as a strategy for retirees to navigate financial crises and recessions. We journey back to the 2008 financial crisis, a time when panic and fear gripped the world.
I share my personal experiences and insights from this tumultuous period, highlighting the importance of staying calm and making rational decisions in the face of market volatility.
Today, we find ourselves in a world where talk of recessions is becoming increasingly common. But should retirees be worried? I argue that often, the more we hear about a recession, the less likely it is to happen.
What You’ll Discover:
[00:01] An introduction to the 2008 financial crisis and its aftermath
[01:04] The global impact of the crisis and the concept of derivative securities and futures
[02:19] The importance of individual decision-making in times of financial turmoil
[05:24] The mantra “do the opposite” as a strategy to navigate financial crises and recessions
[08:26] Pushing back on the Federal Reserve and skepticism about recession predictions
Join us in this episode as we delve into the world of financial crises and recessions, and discover the power of doing the opposite!
EPISODE LINKSYou can download a free digital copy of Dennis’ book “Retirement Built Right – The Essential Guide for Telephone Employees!” here: https://theverizonguy.pages.ontraport.net/ebookoptin
ABOUT THE SHOWTap into Dennis O’Keefe’s 30+ years of experience helping telecom employees maximize their company-specific benefits packages for situations including early retirement, buyout offers, career changes and more!
Featuring actionable, practical how-to advice along with stories of REAL telecom employees Dennis has helped navigate through every benefits situation imaginable, each episode of “Your Telecom Retirement” focuses on how to maximize the money you take out of your time working for telecom.
Dennis’ expertise has been featured by Business Insider, The Boston Globe and Yahoo! Finance.
Connect with Dennis on LinkedIn: https://www.linkedin.com/in/dennisokeefe-/
Visit Dennis’ website: https://www.successfulmoney.com/