3 Investing Mistakes to Avoid During a Recession

We’re in a recession, which means you’ll need to be even more careful than usual when it comes to investing your money. Now to be clear, investing during a recession is a smart move that could pay off in the long run. But if you’re going to go this route, be sure to steer clear of the following mistakes.

1. Dumping your stocks the moment they lose value:

Stocks can be volatile during periods when the economy is thriving, so in a recession, their value can swing even more. And while seeing your portfolio tank on screen or on paper can be extremely upsetting, one thing you must remember is that you don’t lose money during a recession until you actually go and sell your investments at a loss. Read more…

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