Strategies for Maximizing Opportunities During a Recession: Insights from #Recession #JeffBezos #TickerTape #Shorts
Download the Tickertape App: #dimaaglaganazarurihai #dimaagyahalagao #tickertapehaina Recession is coming?Jeff Bezo’s recently made a statement, asking people to not buy expensive items during the holiday season - due to the possibility of a recession. If you are scared of what recession might do to your investments, here are 2 tips that’ll calm your nerves and can help you take advantage of recession! Number one, Rupee-Cost averaging: If you have FOMO of not investing during the 2020-2021 period this one's for you. Average out your investments, make sure you take advantage of market dips. In simple words buy more when the price falls. This will ensure that you get higher returns once the markets bounce back. Number two, Consider Investing in FMCG or consumer staple stocks. Even during recessions, people need to buy food, hygiene products, and medical supplies. These are the last items to be cut-off from family budgets and such companies tend to hold up w