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April 15, 2023 10:00 am
Investing during a #recession requires a very different approach. In light of recent market volatility, #inflation, and interest rate hikes from the Fed, Peter with Richon Planning and Erin Kennedy walk through a few tips for investing during a recession, including:
-Is Cash Really King?
-Defensive Stocks: healthcare, utilities, and consumer staples like food and beverages are fairly recession proof
-Dividend Stocks and Fixed Income Investments like #Bonds
-Keep Investing, a strategy known as Dollar Cost Averaging
If you'd like to speak with Peter to determine if your portfolio is recession-proof, or if you'd just like to talk through these recent headlines, feel free to give him a call at (919) 300-5886 or set up a complimentary appointment by visiting www.RichonPlanning.com
#wealthmanagement #markettrends #marketvolatility #recessionproof
