Investing during a recession requires a very different approach. In light of recent market volatility, inflation, and interest rate hikes from the Fed, Sean Tole with Davis Wealth Management and Erin Kennedy walk through a few tips for investing during a recession, including:
- Is Cash Really King?
- Defensive Stocks: healthcare, utilities, and consumer staples like food and beverages are fairly recession proof
- Dividend Stocks and Fixed Income Investments like bonds
- Keep Investing, a strategy known as Dollar Cost Averaging
If you’d like to speak with Sean to determine if your portfolio is recession-proof, or if you’d just like to talk through these recent headlines, feel free to give him a call at 603-715-2335 or set up a complimentary appointment by visiting www.DavisWealthMgmt.com