Market turmoil and recession fears are top of many investors mind. So how can one navigate such paths?
In this article, I will share 3 points to help you:
1: Have adequate cash reserves to meet 6 months of your expenses or liquidity needs.
2. Reduce debt
3. Have a savings plan and start a financial goal with it
If you are not sure, you can refer to Eric Money rules (Click here) for more information or contact me for a consultation.
By ensuring one has sufficient reserves, one will be able to wait for better opportunities or ride out the volatility.
By using the guidance of a practitioner, one will reduce the amount of time, effort and be able to grow.
Connect with me @ https://bit.ly/TTPericoh
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