No one knows if the stock market is going to go up or down tomorrow, next week, or next year. If anyone tries to tell you that they do, they’re either lying or they’re lying.
The truth is, the S&P 500 could go skyrocket or crash at any minute, and while that might sound scary, it doesn’t have to be if you have the right strategy in place. Most importantly, the right strategy for investing when a recession hits.
Investing in a recession is not that different from investing during any other time period, especially if you’re a long-term investor that is not retiring any time soon.
Though, recession or bull market, the first step every prepared investor needs to take is to cover the basics.[Read more…] about The Strategy for Investing in a Recession