The Recession Stock Market Crash of 2022 is here
The recession stock market crash might be around the corner if not here already. The stock market is crashing and we might just be heading into a recession. So what can you do? Should you sit in the sidelines or buy the dip that keeps on dipping? Millionaires are made in a recession. Some of the wealthiest investors you know made their fortune when there was blood in the streets. The housing market crash of 2008-2009. Meet Kevin, Minority Mindset and Graham Stephan are a few examples of influencers who have done just that.. I’m not your financial advisor, and this is just my opinion: If you've been sitting on the sidelines, THIS is the time to get in. THIS is the time to be buying into the stockmarket. If you already dollar cost average, consider doubling down. If you invest $100 per week, maybe consider investing $200 per week. If you've been buying the dip like me all year, I feel your pain; it's like you buy the dip, and the dip keeps dipping...and dipping..and dipping. There is just no stop to this buy-the-dip opportunity. So much so that I've been out of cash for 3 months. In fact, I borrowed money to invest and now the market is down even more. If you're in a situation like this all I can say is, try to stay away from leverage or margin. Don't borrow money to invest. If you're out of money, find ways to make more money. Focus on your existing job, build an emergency fund, and then find a 2nd job or side hustle or whatever. How to prepare for a Job Interview: • How to Prepare for a Job Interview in 2022 As far as investing ideas in a recession such as best stocks to buy in a recession, I do have videos on how to invest and how to ride a recession so be sure to subscribe to my channel if you enjoy content like this but here are some ideas: How to invest in a Recession and Bear Market: • How to Invest in a Recession and Bear Market How to Ride through a Recession: • Preparing for a Recession in 2022 - What t... If you think we're headed into a recession, think about safe investments such as I bonds, which I talk about in this video where you can get as much as a 9.62% return on your money virtually risk free. Here's a step-by-step guide on how to buy I Bonds from the Treasury Direct portal: • I Bonds Explained - How to Buy I Bonds ste... Think about buying stocks that seem to do better than others in a recession. I've found energy ETFs such as VDE, dollar stores such as DLTR and consumer staples such as WMT ride through a recession well, but of course do your own research. Another option may be dividend stocks, but not just any dividend stocks, dividend aristocrats or dividend kings which have a track record of paying and increasing payouts regardless of our economic state: • Guaranteed Dividend Stocks - Dividend Aris... In fact, dividend stocks can be even more attractive in an economic downfall because as the price of the stock drops, and the dollar value of payouts remain the same or not higher, your yield or the percent of return you get in the form of a dividend is higher as a result, making you.lock.in higher returns. Finally, you could always just sit on cash if you feel this isn't the right time to buy stocks for you. As I mentioned earlier there are alternatives, and not just high yield saving accounts but inflation correlated bonds which can really help you keep afloat in this modern era of uncertainty such as I Series Bonds or Treasury Inflation-Protected Securities (TIPS). But if you're on the fence about stocks just know this: The more stocks go down, they can only go down so much more... And the lower they go, the more upside they may have. #StockMarket #Investing #Recession
