How should I invest if we’re going into a recession?
However, they would still have some allocation towards growth assets because even at say, the age of 60, you might still have another 30 or so years to go without actively earning an income. Your investment portfolio would still need some growth to see you through that period of time.
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The second thing to be mindful of is that people often lose money in investing, by trying to be too smart. Here’s what I mean:
Time in the market, not timing the market. While everyone says to “buy low, sell high”, studies found that people who try to time the market (i.e. wait until the market hits bottom to invest, or sell when they think the market has peaked) are often worse off than those who just ride out the market movements.
This makes…