4 ms·
While it's not a very accurate predictor, since 1960 there has been a US economic recession once every 5 to 10 years. The last one ended in 2009, 9 years ago.
by peterwwillis 8y ago
While it's not a very accurate predictor, since 1960 there has been a US economic recession once every 5 to 10 years. The last one ended in 2009, 9 years ago.
- pnathan 8y agoYep. "We're due" is my perspective on bear markets. We've had a bull for a long time now, and there's adequate macro factors that a tipoff into a bear is a fairly reasonable expectation. In other words, it's quite time to make sure your holdings are prepared for a recession.
- TimTheTinker 8y ago> make sure your holdings are prepared for a recession How do you do that? If you're market-invested, there's very little chance of actually predicting the timing of the downturn. Perhaps sell while confidence is high and then buy like mad when prices have gone way down? Sounds risky...
- kickopotomus 8y agoYeah trying to "time the market" is generally higher risk. I am not offering any sort of advice, but personally I am just making sure my emergency fund is healthy (>=6 months of expenses) and looking at lower risk investment options like CDs.
- pnathan 8y ago> make sure your holdings are prepared for a recession Make sure your bond / stock / cash / etc holdings are properly balanced. Don't overweight in one area. If you've not paid attention to your risk exposure over the past while, it's a good time to do so!
- deleted 8y ago[deleted]