Helpful Tips on Recession Investing as a Long-Term Investor
Helpful Tips on Recession Investing as a Long-Term Investor For those of you who might not be aware, the financial world has been struggling these past few weeks. With high unemployment, high inflation and even higher interest rates , the world seems to be bracing for an impending recession. Like in any scary tv show or movie (think Stranger Things), we never really know when a recession will pop up and eat away a part of our portfolios. So, what do inexperienced investors do to help curb their fear and reduce their losses? They begin to sell their positions ahead of time to help reduce their losses. This is happening right now as we have seen in the stock market where individuals are reducing their positions drastically while waiting for the other shoe to drop! Although selling before potentially incurring a loss seems like a good idea to weather the storm of a future recession, one of the issues I have seen is that the people who feel the immediate need to sell certain stocks b