Monday, December 23, 2024
5.1 C
London

Tag: Economic Downturn

Best ways to protect retirement savings from market downturns

Diversify your portfolio to spread risk, invest in bonds for stability, and consider a mix of domestic and international assets. Regularly rebalance your investments and keep a cash reserve to cushion against market volatility.

Managing debt during economic downturns and market volatility

During economic downturns and market volatility, prioritize debt management by consolidating loans, negotiating lower interest rates, and creating a strict budget. Focus on essential expenses to maintain financial stability.