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A Recession Can Be Your Best Friend

December 31, 2021 · wpx_womenret · 102 Comments

By Craig Erwin, Ph.D.

Some economists, strategists, and money managers believe a recession is approaching. Recessions are not uncommon when the Federal Reserve raises interest rates. Recessions are often accompanied by a stock market crash. As a result, recessions often offer stocks on sale, enabling you to dollar-cost average, picking up bargains. Whether or not a recession comes, you will be just fine if you keep saving and investing. Bargains are delicious. #wealthbuilding #stockmarketinvesting #economy #FederalReserve

Do you save money from every paycheck? How do you invest your money? Are you confident that you will accumulate enough wealth to retire comfortably?

For more information on recessions, the economy, dollar-cost averaging, and the Federal Reserve, click on the following links:

Learn Painful Financial Lessons While You Are Young
Don’t Sell Your Stock When The Market Hits Record Highs
It’s Never Too Late To Save For Retirement
To Build Wealth, Acquire Assets That Appreciate
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