Planning Wisely for the Possibility of a Recession

Kathleen Owings, a Financial Advisor and Principal Owners of Westbilt Financial Group, has had first-hand experience of living through a recession at a young age—all the more for making her the wise and successful asset manager she is today.
Talking points that Kathleen Owings can expand 

on her experience of living through a recession:

  • During the summer, some financial analysts predicted a 50/50 chance of America falling into a recession. Over the last couple of weeks, tensions have eased to around 25%. Preparation and protection is essential in the unfortunate possibility of a recession.

 

  • I have lived through two recessions in my adult lifetime: the Dot-Com Bubble Bust of 2001 and the Great Recession of 2008-2009.