Recessions are part of the economic cycle and cannot be avoided – but that is no reason to be frightened away from investing, even during recessions. There is always a degree of risk involved with investment and during a recession this risk simply becomes more apparent. With these tips Stepp can help you navigate your way through investments during a recession:
The most important part of investing under any circumstances is to keep your head. This doesn’t change during a recession. Keep your focus on the “big picture” and pay attention to the areas that will be affected most by the recession. This, however, is often difficult to do on your own, which leads us to our next tip.
At Stepp we understand risk, and we understand that we hold your investment future in our hands – this is not something we take lightly. We will help you analyse the increased risks to your portfolio, helping you understand the short and long term implications of your investment options as well as where your investments will continue to grow during the recession.
Our knowledge and know-how when it comes to the risk of investment comes from decades of experience. When you join the Stepp community, you gain access to the collective sum of all the wisdom Stepp has to offer, ensuring you the peace of mind that you deserve during your investment.
This article is a general information sheet and should not be used or relied on as legal or other professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your adviser for specific and detailed advice. Errors and omissions excepted (E&OE)