We are hearing a lot of noise in the media regarding current or impending recession. We are already seeing the signs with the increase in inflation and interest rates, showing mostly in the higher cost of transportation and food. And given the Bear Market, you will probably see less than stellar performance on your next financial statements.
My best advice, and that of the top financial consultants, is to make sure that we keep our positive long-term goal-focused perspective. Given that your investments are tailored to match your risk tolerance and investment horizon, you are prepared to ride this out. We have endured past recessions and we will do so again!
