3 Things the Smartest Investors Do During a Recession
Many Americans are bracing for a downturn, as fears of a recession continue. The U.S. economy sank for a second-straight quarter, which is often referred to as a "technical recession." However, we're not officially in a recession just yet.
The economists within the National Bureau of Economic Research (NBER) are responsible for making the call, and until they reach a decision, this isn't an official recession. That doesn't mean investors aren't concerned, though. If we're headed toward a recession, there are a few smart moves you can make to keep your money safer.
This is often easier said than done, but try your best not to panic if the country does enter a recession. Economic downturns can be overwhelming and nerve-wracking, but worrying too much can sometimes lead to making less-than-ideal decisions with your money.
Source Fool.com
