January 22, 2017 at 4:25 pm #1036

Nice points and following points below too will help in tackling rough patch / recession.

1. Avoid Investing Potentially in Volatile Sectors

2. Increase Your Cash Reserves:

Investing in cash doesn’t make much sense in terms of returns. But it may be a lifesaver during a recession or bad days.

3. Protect Yourself From Inflation:

4. Develop Passive Income Streams

5. Develop a Contingency Plan