Get Started Investing Surviving the Downturn: Expert Tips for Investing During a Recession | Sharesies
This episode is all about cash. And it applies to our personal finances and the companies we’re investing in.
Bryce and Alec explain what the definition of a recession is and how the market generally reacts.
Basically, in a recession money dries up. Banks become less willing to lend, interest rates are up, credit risks are higher. Investors become less willing to invest as they are generally losing money 'elsewhere' ... they become more risk averse.
This episode is brought to you by Sharesies - https://sharesies.com.au/
For more market news and investing resources, follow @Sharesiesau or visit the Learn section of their website.
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The market’s closed and the bar is open. Come and trade ideas at Australia’s biggest investing festival - Equity Mates' FinFest.
With expert speakers and guests, DJs and booze, it’s an inspiring and empowering event for investors of any level of experience.
Save the date - 15th October, 2022 Sydney - Head to equitymates.com/finfest to register your interest.
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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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