After several years of bull markets, and economic declaration in some major economies, some economists fear that a global recession may be looming. Recessions are expected from time to time, but that does not provide much solace for those that fear taking investment losses or even losing their jobs. For younger adults, the great recession left a strong impression of the effects of an economic downturn. How can these individuals better prepare themselves for the next global recession?
When It Comes to Your Retirement, Avoid Rash Investment Decisions
With strong financial markets in recent years, it may be tempting to invest your retirement savings in the hottest stocks and most recent IPOs. However, before you begin investing on your own, it is important to have a thorough understanding of financial analysis and valuation techniques. These tools will allow you to take a conservative approach to selecting stocks