Finance-related professional services such as accounting, bookkeeping, and financial planning are considered recession-proof because taxes must be paid, investments protected, and businesses’ expenses logged and organized—even when the economy slows. For example, in the early part of the 2008 economi...
10 recession-proof investments.Takes a look at some investments that should be able to weather the tough economic times that lie ahead. Stocks; International; Bonds; Strategy.ThompsonT.EBSCO_AspWorking Woman
Review this simple checklist to protect your retirement investments Get Checklist Is Gold a Good Investment for Retirement? So, what is the solution? When the US Dollar is losing value and Stocks and Bonds are both on the decline, where does one turn to preserve the wealth that they have ac...
A solid financial plan will account for the ups and downs of the market. When you’re younger, that may mean simply riding out a downturn and waiting for your portfolio to recover. That’s OK, since you won’t need to withdraw from your investments any time soon. If you’re older and...
Regulated utilities are among the most dependable businesses investors can own during a recession. This reflects the lack of competition in their service territories, the reasonable returns on capital investments they are allowed to earn by regulators, and the non-discretionary nature o...
Diversifying your investments could help reduce your risk when inflation is high.Like the ocean, the economy naturally moves in waves—2 of which are inflation and recession. During inflation, prices for goods and services increase. During recessions, the economy slows, and unemployment often rises...
Especially during a recession, organizations need to make smart investments. An IT risk manager evaluates technology investments and strategies. They predict what could go wrong and create tactics to minimize risk to the business. Some also manage compliance risk, ensuring organizations operate within ...
Financial stability. From stock market declines to the bubble in the housing market and other investments, a recession cantake a toll on your financewhen it occurs. By preparing beforehand, you may be able to adjust your financial plan by paying off your debts in advance or saving up for an...
6. Diversify Your Investments If you don’t have all of your money in one place, your paper losses should be mitigated, making it less difficult emotionally to ride out the dips in the market. If you own a home and have a savings account, you already have a start: You have some mo...
Artificially suppressed interest rates during the boom times leading up to a recession can distort the structure of relationships among businesses and consumers. It happens by making business projects, investments, and consumption decisions that are interest rate-sensitive, such as buying a bigger house...