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3. Avoid emotional reactions during market uncertainty. With 2025 starting with volatile market conditions and global political tensions, it's natural to feel anxious about your retirement savings.
Here's how you can get yourself recession-ready -- and minimize your stress if economic conditions do, in fact, decline. 1. Boost your savings. Economic recessions aren't always painful and drawn-out.
While experts can’t predict with 100% certainty whether a recession will happen in 2024, it’s never a bad idea to financially prepare yourself for the future. Here are four smart steps to take ...
3. Use an annuity the right way. Annuities have gotten a bad rap over the years, but if used correctly, they can provide both safety and reliability during uncertain times in retirement.
For example, if you’re worried about a recession, you could focus on paying down high-interest debt or downsize your living space. “Immediate comfort can help ease long-term fears,” Winston ...
There’s been a lot of chatter in recent months that a recession could be about to hit the U.S. economy. Experts are divided on whether or not that will happen, but keep in mind, nobody — not ...
1. Avoid the craziness. What you don’t own can be just as important as what you do. A good first step to avoid getting hurt in an overheated market is to make sure you steer clear of the hottest ...
Although indebted companies can tumble in a recession and present investment opportunities later on, a defensive investor should stay away while the company faces clear business challenges that ...