3 Financial Principles to Live By in a Bad Economy

3 Financial Principles to Live By in a Bad Economy

Recessions have a way of drawing your focus to your money. Don't make any drastic decisions about your money, like sell off assets that aren't doing well or try to predict which stocks are going to do well amid the pandemic. Diversifying your investments can help you avoid substantial losses, and it's smart to do this whether the economy is good or bad.