Recession time. What to do?
Recession is coming with inflation so high now. What can we as investors do? Are we supposed to sell all our stocks? Definitely not! If we invest in our fundamentally good companies, there’s no need to sell your position. Unless you are doing trading, that’s a different matter. Traders can sell their stocks but investors should not as your time frame is long term and not short term. We should not let this recession and drop of the stock market affect our thinking and emotions. We should just hold it and when the market is up, your respective stocks will also go up, provided it’s a good company. Personally, I think there are some good stocks to look at during recession. $Apple(AAPL.US$ $Microsoft(MSFT.US$ are some of examples. I am currently holding AAPL, FB, ABNB etc. I think these are great companies worth looking at.
PS: Although it’s recession, stay calm and remember to spend your money wisely!!! $Apple(AAPL.US$
PS: Although it’s recession, stay calm and remember to spend your money wisely!!! $Apple(AAPL.US$
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junclj1223 : Should check the Great Recession from December 2007 to June 2009. See how AAPL and MSFT performs during that period.
VogueHereIAm : Good support level to buy in for long