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Reset Your Portfolio Expectations (Before It’s Too Late) (EP.217)

The Long Term Investor

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Balancing Act: Navigating Recessions with a Focus on Finances

This chapter explores the difference between managing a portfolio and a balance sheet, particularly in recessionary times. It emphasizes the importance of understanding one's financial situation, focusing on cash reserves and liabilities, while offering strategies for liquidity to protect against market downturns.

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