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If you have invested in growth stocks like Spotify, Tesla, Square, chances are your portfolio has been in the red this year. With the world economy entering a recessionary environment, the stock prices of many growth stocks have also started to plummet. Why are growth stocks not living up to their name?
Here’s the twist: a lower stock price doesn’t necessarily mean the company is no longer growing. While some companies may perish and become victims of the recession, what’s important is your portfolio doesn’t die with them. Learn the real reasons behind their collapse and what you can do to protect your portfolio in this episode!
What else can we do to prepare for the recession? This episode may shed some light.
Get our show notes at https://thefinancialcoconut.com/tfc168
Disclaimer: The content in The Financial Coconut is solely for education and entertainment purposes. It does not serve as any form of advice or recommendations.
For all other links mentioned, or to discover more from the team at The Financial Coconut (including all our other shows), go to https://linktr.ee/thefinancialcoconut
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The Financial Coconut started out as a reaction to online fake gurus who are propagating over simplified get rich quick programs. A Podcast that grew out of a desire to share best practices regarding personal finance turned into a network of content championing this idea of “Creating a life you love, while managing your finances well”.
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