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.

Share this with your friends and family. Help out your buddies.

Was this blog shared with you? You can subscribe to our personal finance newsletter to receive such insightful articles directly to your inbox!



Did you enjoy this article?

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.

Experience the power of our cutting-edge expense tracker app! Join our waitlist to access smart categorization, insightful financial insights, and seamless expense tracking. Be part of the financial revolution – sign up now to stay updated and gain exclusive access to our app!