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How To Simplify Your Portfolio To Prepare For a Recession and Beyond
6 min readMay 21, 2022
Do you know what would surprise me? That you aren’t watching and thinking about changing your investment portfolio after this year’s stock market performance.
High inflation persists, we are on the doorstep of an economic recession (some may say we are already there), increasing international issues, and there is not a lot of good economic news floating around in general.
Other than energy investments, the 1-year performance of most investments has been disappointing. Growth and tech stocks have been crashing. Retail stocks have been crashing including Target and Walmart.
What should you do then?
- Some will panic and sell everything and go to cash.
- Some will sell the biggest losers and hang on to other investments.
- Some will ignore everything without checking asset allocation or having a strategy.
- Some may go all in on cryptos, real estate, energy stocks, and roll the dice thinking that they will stay strong if they’re doing well, or recover if they are getting hammered right now.
Those people will most likely fail in achieving their investment objectives.
