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?

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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
    • Amazon 737max💥
      It's tough to time that. If you plan to use the money soon your should do that, to preserve the capital, but if you have a 20 year timeline it may be better to ride it out.

      The trouble with timing in bear markets are that they are very choppy. It may surge the day after you sell or crash the day after you buy back in. Very hard to see the top or the bottom even when you know it's coming.

      In past recessions the people who held tight all the way through ended up coming out ahead but a lot of people who tried to time it got burned.

      On the flip side, those who do manage to time it perfectly can get a 30% or more gain by selling at the top and buying back in at the bottom. But you either need to be a stock guru, or very lucky.
      Apr 15
    • OP
      How do you convert into that? Can you do while pretax? I am early 30s. Still have another 30y of employment
      Apr 15
    • Seagate toti420
      I agree with 737max that it’s hard to time the market. But if you were to do that, you’d simply log into whichever institution manages your 401k, like 401k.com, and perform an exchange, sell a portion of your current portfolio and put it into bonds. If that seems hard for you, call your institution. You could also choose to do nothing.
      Apr 15
    • OP
      Thank you folks! I appreciate your insight!
      Apr 15
    • 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