Posts tagged ‘Recession’

What should I do with my 401K funds and other investments?

Investments
AnomalousD asked:


I am 25 years old and have been working for about a year. I have about 12K in my 401K and some other money in savings.

I have been told to just keep contributing and to not pull out now because of the recession and possible depression.

Any other advice?

what is an average person with mutual fund investments suppose to do to protect their money before a recession

Investments
JUNE N asked:


What are some safeguards for an average person to take to protect their only assets? I heard one person say to put your money into CD’s until the recession is over? For me that would mean converting my mutual funds into CD’s. Is that good advice?