Recession now seems inevitable and the Bank of England noting a likely decline in GDP over the next few months doesn’t exactly suggest anything different! We are currently on the edge of recession with most economists agreeing that we will officially be in recession in 2023, potentially lasting into 2024.
Therefore, it is important to have plans in place for your investments and not make any rash decisions. To prepare myself I have trawled the internet for as much information on investing through a recessions and come up with these 10 top tips of how to survive; but more than that – prosper!
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I’ll catch you in the next one!
Disclaimer: Nothing you see in this video constitutes financial advice. I have no formal financial training. If you want help with your investments please seek independent financial advice from an appropriately trained professional.
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Sensible advice
i had to click on the video not because of the content but because you look like a default Star Citizen character
I got S&S ISA in freetrade for dividend stocks. Can I open Lightyear for US stocks ? Is it possible to open ? Can we have both S&S ISA and lightyear together in a single financial year ? Thx.
Boris needs a haircut and a gym membership LOOOOOOOOOOOOL
Great title! Personally, I think all the talk of whether we are or aren't in, or will be in, a recession is a bit academic – the economic fundamentals in the UK are all pretty rubbish – and even low unemployment levels are not exactly great all the while businesses can't recruit key staff. I think your good tips should apply in good times and bad
Nice video and solid advice, I hope to see more like it when we are in the depths of the next recession to help remind us all to be sensible and hold steady to our investment goals! Have a great Sunday buddy!