Owen Schrum: Managing Inflation & Risk in Volatile Markets

“Fun With Annuities” The Annuity Man Podcast

In this episode, The Annuity Man and Owen Schrum discuss:

• How cryptocurrency flopped with the market crash
• Risk is personal, so is inflation
• Are we going through a recession right now?
• Avoiding the emotional aspect of investing

Key Takeaways:

• Cryptocurrency is supposed to be the new currency but when the market collapsed, Crypto collapsed along with it. This just proves that crypto is really a risk asset with no implied value.
• Risk is personal, it means something different to different people. In the same way, the way in which you experience inflation is personal too. Invest in real assets, that’s the way you could beat inflation.
• There are many factors that define if the economy is going through a recession. We are not going through a recession right now. Not yet, but maybe in a few years time.
• Don’t get distracted by emotions when it comes to investing and financial management. Don’t join the herd that’s panicking from all the news. Instead, evaluate and rebalance your portfolio as you need.

"Unfortunately, the best way to beat inflation is to have assets. You want to own real assets… Real assets do better during inflationary times; financial assets, not so much so - they tend to do poorly and don’t keep up with inflation." — Owen Schrum.

 

Connect with Owen Schrum:

Website: https://www.schrumpw.com/

LinkedIn: https://www.linkedin.com/in/owen-schrum-24319417/

Twitter: https://twitter.com/SchrumOwen

YouTube: https://www.youtube.com/channel/UCbT6r4ywyZ98UsbrHm_m_zg

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [e-mail]

Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g

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