The warning of a possible recession is not surprising given the number of difficulties in the current economy.
Stocks are now in bear market territories.
Interest rates, and Covid cases, are increasing.
Inflation remains high.
Added to this is the instability caused by the Russian invasion of Ukraine.
All of this combined is causing recession fears.
Even if the U.S. doesn’t fall into a recession – and there are signs that it won’t – there are economic headwinds that could potentially have negative effects on your finances.
So here are some ways to assess your situation to protect yourself against financial loss.
Secure a new job now.
With unemployment low and vacancies high, this is a time when the market for job seekers is active. But if there’s a recession, that could change quickly. So take advantage of the opportunity while you can.
Covers your short-term cash needs.
It’s always a good idea to have liquid assets to cover yourself in case of emergencies or severe market downturns. But it is especially important when you face major events beyond your control, including layoffs, which tend to increase during recessions.
Don’t negotiate based on headlines. 
News about rising energy and food prices or fears about a possible world war or nuclear attack are disconcerting.
But making financial decisions based on an emotional response to current events is often a losing proposition.
Maintaining balance is key.
Review your risk tolerance.
It’s easy to say you have a high tolerance for risk when your finances are fine. But you must be able to withstand the volatility over time that investing inevitably entails.
Therefore, think about investing in options with low or no volatility.
If you keep money in a savings account or certificate of deposit, inflation is likely to outpace any interest you earn. So, while you keep your principal, it loses purchasing power over time.
To preserve and even increase it, investment in property has always been satisfactory.
Make new investments slowly.
If you have a large lump sum – perhaps you just sold your business or home, or received an inheritance or a large bonus – you may be wondering what to do with this money now.
Given all the global uncertainty, we recommend investing as soon as possible, taking professional advice.
Take advantage of the housing boom.
If you’ve been on the fence about investing, now might be the time to take the plunge and invest in property that is always safe and profitable.
The housing market has been on the upswing in the United States, with year-over-year prices up 15% in April and rents nearly 17% higher.
At a time of high demand like the present, securing your capital in a property will generate short term profits, either from rentals or from the resale of your property.
We recommend investing in new developments, which given the scarce supply of housing on the market, guarantee a quick return on your investment.
Therefore…
Don’t let your feelings about the economy or the markets impede your growth. Invest and be disciplined. The best way to achieve your short and long-term goals is to simply keep investing.
If you do, you will help minimize any damage that may be caused by an irregular market in 2022.
Remember also: it is impossible to make perfect decisions, since no one has perfect information.
But the decision you make with the support of experts will always be more accurate.
Use them.
Gather the data.
And try to make the best decision based on that data, combined with your individual objectives and risk tolerance.
At Your Real Investmentour professional team is at your disposal, with all the updated information and investment suggestions for your peace of mind and your best future.
Get in touch. You will get the personalized attention you deserve.
