Upcoming Recession

Apr 15 34 Comments

Does anyone else think a recession is coming up and the best strategy now is to stash on cash?

comments

Want to comment? LOG IN or SIGN UP
TOP 34 Comments
  • Thermo Fisher gua li ge
    I don’t think so. Trump’s American First strategy seems to work.
    Apr 15 2
    • Expedia £€$
      😂 blind trump supporter. do u know what a recession mean?
      Apr 15
    • Cruise Automation / Eng underside
      He's busy struggling to understand the definition of "exonerated."
      Apr 15
  • Seagate toti420
    You may want to move a good chunk of your 401k into bonds
    Apr 15 9
    • 737max hits it on the nail.

      Trying to time the market is never a good idea as the market will move up in chunks and you will most probably miss those chunks.

      Better to ride it out
      Apr 15
    • OP
      Yes. I was actually asking if keeping on investing is a better idea instead of building cash piles. Not knowing when the recession will hit.
      Apr 15
    • OP
      Because i have sone savings that I am not sure if i should invest now or just wait for whenever the recession comes and then buy
      Apr 15
    • Best thing is to do a recurring deposit to avoir any bad timing.
      Divide your deposit into 12 chunks and put them over the next 12 months
      Apr 15
    • OP
      Thank you! Very valuable advice
      Apr 15
  • ConocoPhillips Duck🦆
    No take your fear mongering elsewhere.

    There are plenty of mormons in Utah who will gladly apocalypse prep with you
    Apr 15 1
    • OP
      Not sure what you mean but you seem to have experience with those folks 😀
      Apr 15
  • BluVector sparked
    It is coming, but just like winter, no one knows when.

    Likelihood of a recession in the next 5 years is pretty good but when and magnitude and primary domain of focus is all up in the air
    Apr 15 3
    • Oracle alwzangry
      Damn, it's 5 years now?
      Apr 15
    • Chase sifb68
      Doesn’t winter come every winter?
      Apr 15
    • Oracle alwzangry
      Not if the fed res intervenes.
      Apr 15
  • Uber zippedy
    The bond yield curve is inverse right now and that is an economic inductor that has preceeded nearly all prior recessions in the US since 1932
    Apr 15 3
    • OP
      What is the best source you use to stay updated with this?
      Apr 15
    • Uber zippedy
      I have been following articles and videos from my stock brokerage.
      Apr 15
    • VMware vnware
      Every few weeks in the last 2-3 years you would see one of these indicators flashing red and dozen articles talking about how it surely is the best sign.

      Economies are so much more connected/complicated & changes structure that every recession is caused by a different variation of factors.
      I guess this time and every time we would know when we know.
      Apr 15
  • OP
    Which brokerage do you use? Schwab?
    Apr 15 2
    • Uber zippedy
      Yes, I think they give excellent, well researched and independent advice.
      Apr 15
    • OP
      I use them too. I should watch more of their content! Thanks a lot!
      Apr 15
  • PTC bGuR03
    Stash cash in which currency should be the question?
    Apr 15 2
  • This comment was deleted by original commenter.

    • Dell Rambo12
      Do u understand ??? Teach us then
      Apr 15
    • OP
      Yes, teach us ;)
      Apr 15
    • OP
      Economy cannot go up all the time. It’s cyclic. Read the Big Debt crises by Ray Dalio.
      Apr 15
    • OP
      I don’t know how bad they are. I know two and they are not very good. Also, historically taken, recession is due. My question was, if building cash is better than investing. If i was a financial guru i wouldn’t be asking on Blind.
      Apr 15
  • Adobe / Eng iWrk4RSU
    2020
    Apr 15 0