Investing during Recession and Post-Covid Times

[Nomad]

When there is a recession, it is very likely that you will lose your income. Even if you do not lose your income source, your income might drastically drop, which will make investing difficult

 

[Good-Person]

If you want to make wise investment in this is probably the time. This is because there is a lot of people who are willing to sell things for cheap and then you can use this to boost your business so that you can be on an advantage when everything is backup.

Investing money during the time of recession could lead to losses if you make bad decisions. This also includes investing in the wrong stocks that could lead to losses.

 

[Jonaville]

You should try to schedule weekly or monthly automatic investments at an amount you are comfortable with. By doing so you are dollar cost averaging. If you remain discipline you'll fair well over the long-run with growth and dividend income.

It also depends on when the person receives his salary or when he gets paid at work. This will be able to tell if the person should go for weekly investment or monthly investment