Personal Finance Myth #18

You should sell & stop investing during a recession | Vrid
People illustrations by Storyset

You should sell & stop investing during a recession

Yes, your portfolio will be red during a recession. But think twice before selling off your investments during a market crash. 

Don’t panic if you have executed the basics of personal finance well, like having an emergency fund, life & health insurance, and multiple income sources. 

Just avoid unnecessary expenses & keep investing. 

Halting your investments is probably the worse thing you could do because when prices are dropping, that’s probably the best time to invest. Don’t think about timing the bottom of the crash. Simple, SIP is best.

If you want to know more about the recession and how to protect your money, read here.

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DISCLAIMER: This newsletter is strictly educational and is not an investment advice or a proposal to buy or sell any assets. Please be careful and do your own research.

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