3 ms·
> 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 tim
by 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!