Posted 12/18/2023, 5:42:58 PM
Recession Still a Risk Despite Recent Optimism; Investors Advised to Dollar Cost Average
- Recession in 2024 'could still materialize' despite recent optimism, inverted yield curve remains concerning
- Investors should stick with dollar cost averaging investment strategies rather than trying to time the market
- Don't stray into risky assets like crypto just because of recent gains; allocate only what you can afford to lose
- Those with cash on sidelines shouldn't try to invest it all at once, dollar cost average over next couple years
- Short-term cash needed in next few years should stay on sidelines in higher interest accounts