This episode is all about cash. And it applies to our personal finances and the companies we’re investing in.

Bryce and Alec explain what the definition of a recession is and how the market generally reacts.

Basically, in a recession money dries up. Banks become less willing to lend, interest rates are up, credit risks are higher. Investors become less willing to invest as they are generally losing money 'elsewhere' ... they become more risk averse.

This episode is brought to you by Sharesies - https://sharesies.com.au/

For more market news and investing resources, follow @Sharesiesau or visit the Learn section of their website.

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Calling all bulls, bears and party animals.

The market’s closed and the bar is open. Come and trade ideas at Australia’s biggest investing festival - Equity Mates' FinFest.

With expert speakers and guests, DJs and booze, it’s an inspiring and empowering event for investors of any level of experience.

Save the date - 15th October, 2022 Sydney - Head to equitymates.com/finfest to register your interest.

Equity Mates' FinFest, powered by Stake

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Order Get Started Investing on Booktopia or Amazon now.

If you want to let Alec or Bryce know what you think of an episode, contact them here.

Make sure you don't miss anything about Equity Mates - visit this page if you want to support our work.

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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

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Get Started Investing is a product of Equity Mates Media.

All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice.

The hosts of Get Started Investing are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.

Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional.

Do not take financial advice from a podcast.

For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you.

Get Started Investing is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

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