5 Money Choices to Avoid Completely In a Recession

Avoid risky business investments

If you are a business owner and are thinking of taking out a loan to improve your business in some way, this may not be the best time to do it. Interest rates are usually very low during a recession, so it can seem appealing to invest in growing your business but think twice before you do it.

Your business may slow down — as businesses tend to do during recession — and you may find yourself unable to pay your monthly installments on time. Considering the COVID-19 lockdowns, we also might see the country cease business activity across the board, perhaps for months once again. Now is not the time to carry unnecessary new debt.

Bulletproof Your Portfolio Now!

A smart investor should be prepared for anything. That’s why David Frazier created the Bulletproof Wealth Report. This comprehensive investment service is everything you will need to survive and thrive in the looming meltdown. In other words: It’s how anyone can make their portfolio bulletproof. It’s a mix of fast-growing, leading companies that are the engine of American prosperity. To that he adds a healthy dose of “insurance policies” i.e. stocks and funds that benefit when the next recession strikes. The future favors the prepared. You can be prepared. Not only that — you can profit.
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Cryptocurrency Will Shine Through the Coming Chaos

While the U.S. spends and spends and spends its way into oblivion, the eventual result will be inflation. Serious inflation. The dollar will crash, gold will shoot higher and Bitcoin, well, it can only become more scarce and more valuable. There’s a natural ceiling to the number of Bitcoins that will exist — ever. By design, there can only be 21 million of them. Soon, the ceiling will be hit. Now is the moment to get into cryptocurrency. There’s a been a rise of late, but prices are consolidating, setting up for the next leap higher. Grab Keene Little's widely followed cryptocurrency newsletter, Crypto Wealth Protocol completely risk free.
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