Saylor said MicroStrategy employees will be able to add Bitcoin to their retirement accounts through Fidelity Investments. On Tuesday, Fidelity Investments became the first major retirement-plan provider set to offer Bitcoin as a savings vehicle.
"Bitcoin's digital property and that makes it the perfect asset for a retirement plan. It's less risky than bonds and stocks and commercial real estate and gold," Saylor told CNBC. "A 401(k) plan is a pretty common thing for millions and millions of workers to use to save in order to protect their family interests. This is going to fill an important vacuum in the investment product market.”
"There's been a lot of demand for this. They've been asking for it for quite a while. It's a technical challenge to offer 401(k) savings plan and Fidelity has overcome that challenge," Saylor added.
MicroStrategy is the largest publicly traded corporate holder of Bitcoin, having spent an approximate total of $4 billion on purchases of the world’s most popular cryptocurrency with its subsidiaries.
Later this year, Fidelity Investments will begin including Bitcoin investments in retirement accounts, with customers able to put a maximum of 20% of their savings into Bitcoin. At a later date, it is likely that other cryptocurrencies will also be added.
The proceeds of the offering will be used to refinance Canacol’s outstanding 7.250% Senior Notes
due 2025, pay the fees and expenses of the tender offer and refinance other debts, as well as for general corporate purposes such as capital expenditures. Credit Suisse Securities and Citigroup Global Markets acted as underwriters on the offering.
The Bellerive team led by founding partner Jürg Roth advised Canacol on Swiss aspects of the transaction. Skadden, Arps, Slate, Meagher & Flom, Alemán, Cordero, Galindo & Lee and Stikeman Elliott LLP advised Credit Suisse.
Do Your Research
Research the company to find out how many employees they have, what their revenue is, and whether or not it's profitable. Investing in a company that has too much debt can be detrimental to your portfolio because their assets may become worth less than what you paid for them. On the other hand, investing in companies with better liquidity also means better protection against volatility.
Evaluate the company's management team and make sure that they are competent in their field of expertise. If you're investing in a technology-based company then you might want to research whether or not they have patents on their products. It will also be better if they have patent licensing agreements because it means that other companies will distribute their products.
Don't invest in a company if you don't understand the industry or its competitors better than they do themselves. No matter how tempting it is to invest in stocks with high potential, make sure that your investment portfolio has a good balance of risk and reward so that you're diversified across different sectors. Not only will your risk be better spread out, but you will also have a better chance at higher returns.
You should also explore online sources for you to have a good idea of whether the platform you are interested in will foster revenue. This is where you may come across Capitalist Exploits reviews that will allow you to assess its viability as well as reviews of other broker platforms that you can also potentially use. Investing in the market can be a profitable venture, but only if you know what you are doing.
Be Patient - The Market Will Go Up And Down
You should also be patient, as the market will go up and down. This means that even if you are sure that the market will go down, don't sell your investments right away. Wait for a better opportunity to do so. This could prevent losses and make it easier to collect profits later on. Remember that it's better to be patient and take advantage of opportunities than it is to get caught up in any kind of market hype. This approach will help you make better decisions for your investments that have better overall results.
You should keep an eye on trends as they happen, but you should never blindly follow them. If an investment looks better than the others to you, then it might make sense to invest in it for that reason alone - don't give in to any kind of hype from other investors or influencers.
After you've made a trade, don't dwell on it - instead focus on the next one and think about how to do better next time. You should also work out your strategy so that you know what moves to make in every situation. Also, be sure not to take any unnecessary risks with your money.
Create Goals For Yourself
You should know what you are investing for or how much risk you can take for you to be able to create goals for yourself. You should also take the time to better understand the markets. A better understanding of what you are investing in is essential to your success as a trader because it can help cut your losses and increase your gains. The best way to go about this is with research and knowledge. Take some time to learn all you can about how these investments work so that when financial news arises, you are better equipped for it.
It can also be helpful to better understand the personality traits of an investor; many people think that they don't need a lot of risk in their life because they're not comfortable with taking chances and investing is risky enough but what these investors fail to realise is this: research shows that those who invest with a higher level of risk will better their chances at making money.
You should also take the time to consider your personality, as an investor and what you want out of life; for example, if you like risks in small amounts or think that they provide some fun and excitement into your day then this is something to keep in mind when investing
Diversify Your Portfolio With Different Types Of Investments, Including Stocks, Bonds, And Mutual Funds
A better strategy would be to invest in a diverse range of stocks or funds so that no one decline affects you too severely. You could also choose ETFs which are better at managing risk. If you're not confident in an investment's return, don't go all out with it. Rather, diversify by holding other assets. The better trader will diversify by holding other assets. So, for example, if you have a lot of investments in the stock market but are not confident that they'll be successful, then it might make sense to invest some money elsewhere - like bonds or real estate.
Don't Panic - If You Think A Stock Is Too Risky For An Investment, Don't Invest In It
Don't panic when the market declines. Rather, have faith that it'll eventually bounce back to what you paid for your shares. Don't let your emotions dictate how much risk is too much for you. If there's a particular investment that scares you, then it might not be worth holding onto in the first place.
It is important to be mindful of how you invest and what your goals are to make the most out of your money. When investing, it's always a good idea to research before you buy anything, diversify with different investment types (stocks, bonds, mutual funds), set up alerts so that if there is any news about the company you're invested in and don't panic! All these are geared towards ensuring that you make the most out of your investment and become a better trader.
Deutsche Bank AG closed 2020 with an annual profit for the first time in six years, owed in large part to a bond trading boom and having achieved cost-cutting targets.
For the full year, the bank made a profit of €624 million, up significantly from its net loss of €5.26 billion in 2019 as it underwent a major restructuring project. Analysts had expected to see a loss of €201 million, according to Refinitiv.
Profits were spurred on by Deutsche’s investment banking division, with net revenues rising 32% to €9.8 billion over the course of the year as trading in fixed income securities and currencies jumped 28%. The bank stated that this increase “more than offset a rise in provision for credit losses resulting from COVID-19.”
By contrast, Deutsche’s private banking and corporate banking divisions saw almost flat revenues in 2020, and asset management revenues fell 4%.
"In the most important year of our transformation, we were able to more than offset transformation-related effects and elevated credit provisions - despite the global pandemic,” Deutsche Bank CEO Christian Sewing said in the Q4 report.
"We are confident this overall positive trend will continue in 2021 despite these challenging times.”
Deutsche Bank’s years-long journey back to profitability has not been smooth, having faced allegations of money-laundering and received a $2.5 billion fine for the fixing of LIBOR. It has also recently been caught up in the Wirecard scandal.
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The bank also announced 18,000 job cuts in 2019 as part of a plan to reduce the size of its investment bank, which is now the main driver of its profits.
John Ellmore, Director of NerdWallet, discusses the significance of negative interest rates and how savers can adapt to them.
Many Britons will have hoped that 2021 would provide some respite from the intense financial pressures of 2020. Unfortunately, this is unlikely to be the case – in fact, new and potentially unique challenges lie ahead.
COVID-19 has had a hugely significant impact on the UK economy: 314,000 redundancies were reported between July and September 2020 alone, Government spending rose by £280 billion last year, and public borrowing in the past 12 months is estimated to be the highest in peacetime history at 19% of GDP.
The Government and Bank of England (BoE) have had to act in order to stimulate the economy and limit the damage. For one, in March 2020 interest rates were cut to a historic low of 0.1%. However, the cut might not have gone far enough and, over recent months, the BoE has been debating lowering rates below zero; going as far as to issue a letter to all UK banks, urging preparedness for base rates to drop to negative figures.
This policy is not without its merits. After all, it will encourage commercial banks to lend more, and consumers to spend more, therefore fuelling economic growth. However, negative rates are unlikely to be viewed as optimistically by savers.
The impact of negative interest rates
While negative interest rates make borrowing cheaper, they have the opposite effect on savings.
When rates fall below zero, it becomes more expensive for commercial banks to keep customers’ money in savings accounts. Theoretically, this could force commercial banks to charge savers for holding their money. However, this scenario is not likely, as doing so would inevitably drive the majority of clients to rapidly withdraw their savings from banks. This would, in turn, cause a massive economic aftershock.
While negative interest rates make borrowing cheaper, they have the opposite effect on savings.
That said, even if commercial banks do not impose such fees, the value of many people’s savings could decrease over time; it certainly will in real terms, given the UK’s inflation rate currently sits above 0.5%.
The question, therefore, is what can savers do to protect their money?
Keep calm and research different options
Crucially, Britons must not panic. Doing so may result in rash or ill-informed decisions, which could damage their long-term financial prospects. Instead, it is important to dedicate time researching the various savings options available.
For more risk-averse savers, there are savings accounts available which still offer relatively generous interest rates. For example, there are fixed-rate savings accounts offering up to 1.25% in interest, while some instant access accounts can offer savers as much as 0.6%.
People most thoroughly research their various saving options. Comparison websites are a good starting point, as they search the market for different financial options and present their findings in a clear, jargon-free table. So, users can simply select the savings account that best suits their needs.
Consider investments
However, some savers may want their money to work a bit harder. In which case, they might want to look into other options, such as stocks and shares ISAs.
These are tax-efficient investment accounts, which enable savers to put their money into a range of different investments – these can either be chosen by the saver themselves, or by the ISA provider.
Stocks and shares ISAs present an opportunity for generous returns on savings, should the investments be successful. However, this also means that the value of savings could decrease, if the value of investments falls. So, those contemplating starting a stocks and shares ISA should carefully consider their risk appetite before committing to this savings strategy.
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Premium bonds accounts
Another alternative savings strategy comes in the form of a premium bonds account. This entails adults purchasing bonds for £1 each; £25 worth of bonds being the minimum amount one can purchase. Instead of gaining interest on their purchase, customers are entered into a monthly cash prize draw in which they could win a tax-free sum of between £25 and £1 million.
What’s more, 100% of an individual’s investment is protected, so investors will always break even, even if they never win a prize draw.
That said, the odds of savers winning money are not particularly encouraging; it is estimated that 1 in 54,656,068 people win £1,000 each month. So, while perhaps a more fun alternative to a traditional savings account, this strategy might not be suited to those looking to make more significant or predictable gains on the value of their savings.
The prospect of negative interest rates will be unnerving to many savers. However, it is important to remember that there are alternative savings routes available. Finding the right one will involve dedicating time to researching different options; but if Britons do their research and make informed decisions, they should be able to save for the future with confidence.
Most major stock markets were lifted on Thursday amid reports that President-elect Joe Biden will announce a $2 trillion COVID-19 stimulus programme later in the day.
European markets saw modest gains, with the FTSE 100 opening 0.1% higher in London and the DAX gaining 0.2% in Frankfurt. Paris’s CAC 40 remained flat. The effect on Asian markets was more pronounced as Japan’s Nikkei hit a three-decade peak and Hong Kong’s Hang Seng rose 0.95%.
The bond markets also saw movement. The yield on US Treasuries, the benchmark for global borrowing costs, also rose two basis points to 1.11% on the expectation that a $2 trillion aid package will raise US debt levels to new heights. Meanwhile, European yields were held in place due to widespread COVID-19 lockdowns and heightened expectations of further bond buying by the European Central Bank.
US futures were largely subdued, with the S&P and Dow Jones respectively gaining 0.2% and 0.3% while the Nasdaq slid 0.1% down.
President-elect Biden is expected to lay out stimulus plans today in Wilmington, Delaware. According to CNN, Biden’s advisors have told allies that the total package could come to around $2 trillion.
"Essentially, the markets have been in a holding pattern for the past three days as dealers have been waiting to hear from Mr Biden,” CMC Markets’ David Madden told Business Insider. "To an extent, a large amount of positive news has been factored into stocks and commodities."
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A Deutsche Bank analysts’ note spoke optimistically on the possibility of fresh stimulus checks sent to US citizens, noting that Biden has been a vocal proponent of $2,000 checks in the past. The bank also noted the possibility of “additional immediate economic relief for families and small businesses”.
Investors have remained largely unshaken by Wednesday’s historic House vote to impeach Donald Trump, making him the only US president to be impeached twice.
David Smith, a cryptographer from the Smart Card Institute, offers Finance Monthly a beginner's guide to various financial markets and what a prospective investor can hope to get out of them.
Most people get intimidated by the idea of making an investment – mostly because they don’t understand the different types of financial markets and which one could be the best suited for them. Our article today sheds light on the different types of financial markets so that you can make better investments in the future.
1. Stocks
Most people are aware of stocks. They are probably the most popular and simple kind of investment that has been around for a really long time. Basically, when you invest in stocks you are buying a part of a share in a public trading company. Some of the biggest companies in the world today such as Microsoft, Apple, Samsung, all sell their shares. However, they sell only a small percentage in the stock market.
Once you buy the stock and the prices go up in the stock market then you can sell the share at a profit. The downside is obviously if the price goes down and you will go into a loss. If you wish to buy stocks then brokers are the right people to get in touch with as they will help you make an investment.
2. Bonds
Buying a bond means you are lending money to an enterprise that is either government-owned or is a business. Businesses issue corporate bonds whereas the government issues treasury bonds or municipal bonds. Once you have held the bond for a particular time period and it reaches maturity, you can acquire the bond with interest. Bonds are generally a low-risk investment and come with a lower return as compared to stocks.
Buying a bond means you are lending money to an enterprise that is either government-owned or is a business.
3. Foreign Exchange
This is a relatively simpler investment. Foreign exchange investors buy a currency that is expected to increase in value in the future and then they make a profit out of it. The profits all depend on the exchange rates at the time of selling.
4. Mutual Funds
Mutual funds refer to a pool of investors who are investing in several companies at the same time. These funds are either managed actively, in which the manager chooses the companies for the investors to put their money, or they can be passively managed, in which the fund tracks some stock market investment. There can be mutual funds which are a mixture of actively managed and passively managed funds.
5. Certificates of Deposit
One of the safest forms of investment is a certificate of deposit in which you give money to a bank for a certain time period and once the time period is over you can withdraw the money along with the interest which was pre-determined.
6. Physical Assets
Investing in physical assets means you are buying an asset that holds a market value and can be liquidated when you need the money. These assets can be precious metals, jewelry, property, etc. As in the case of most investments, investors who put their money here expect the prices to increase so that they can sell their property, jewelry, etc. at a higher price.
7. Cryptocurrencies
Cryptocurrencies can be thought of as digital currencies that have market value and are a great investment option. Bitcoin is one of the most famous cryptocurrencies that is now coupled with advanced smart card technology. However, cryptos can be an extremely risky form of investment as their value fluctuates tremendously.
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8. Retirement Plans
Most people are offered a retirement plan at either their workplace or some other means. Retirement plans are not exactly an investment category but they can be thought of as a means to make other investments as they give you countless advantages such as tax leverages.
9. Annuities
A lot of people use annuities coupled with their retirement plans to make investments. Once you purchase an annuity you come to terms with a contract with an insurance company that provides you with payments periodically. The payment duration and the amounts are both predetermined. Annuities are a low-risk investment but they are low-growth as well.
10. Options
Options can be thought of as a complex kind of stock. An option gives you the ability to either buy or sell a certain asset at a predetermined price at whatever given time. An option may decrease in value and might end up in a loss for the investor.
Conclusion
Overall, financial markets make it possible for companies to acquire capital due to their regulated and open system and enable businesses to balance risk with the help of foreign exchange, commodities and other derivates.
Rolls-Royce’s senior unsecured bonds are now rated as Ba2, down from their previous grading at Baa3. The company as a whole has also been rated at Ba2.
Moody’s reported the change in a statement on Monday, citing the impact of the COVID-19 pandemic on the aviation industry and warning that conditions could worsen.
“As a result of higher than previously expected cash outflows, Moody’s expects material increases in leverage, and considers that the company faces significant challenges to recover its metrics over the next two to three years,” the statement continued.
The announcement had an immediate impact on Rolls-Royce’s share prices, which had already lost two thirds of their value since the beginning of the COVID-19 pandemic. Following the release of the statement from Moody’s, prices fell a further 5.7% to trade at 253 pence as of 08:27 GMT.
Rolls-Royce CEO Warren East said on Thursday that the company was exploring options to strengthen its balance sheet but had not yet come to any decisions.
During the weekend, reports emerged that Rolls-Royce was planning to raise additional funds by selling off its ITP Aero division, which makes parts for the Typhoon fighter jet. In response to these reports, a Rolls-Royce spokesperson said that the company was reviewing a range of options. “Our current financial position and liquidity remain strong,” they added.
Earlier this month, Rolls-Royce claimed to have £8.1 billion on hand following the first-half outflow.
The Bank of England (BoE) has announced plans to pump an additional £100 billion into the UK economy to aid the country’s recovery from the COVIID-19 crisis.
The Bank’s nine-member Monetary Policy Committee voted 8-1 on expanding its government bond-buying “quantitative easing” programme to £745 billion, up from £645 billion. The move was largely predicted by economists, who estimated an increase of £100-150 billion.
The MPC also voted unanimously to maintain interest rates, which currently stand at a record low of 0.1%.
In its statement on the new policy decisions, the Bank noted that there are reasons to be optimistic about the state of the UK economy amid the pandemic – particularly the lower-than-expected fall in GDP during Q2 of 2020 – though it added that the outlook for the UK and world economy remains “unusually uncertain”.
“There is a risk of higher and more persistent unemployment in the United Kingdom,” the statement reads. “Even with the relaxation of some Covid-related restrictions on economic activity, a degree of precautionary behaviour by households and businesses is likely to persist.”
“Inflation is well below the 2% target and is expected to fall further below it in coming quarters, largely reflecting the weakness of demand.”
There are no healthy people on a polluted planet. In particular, deforestation, the proximity between urban zones and wilderness, and the scarcity of certain animal species, are determining factors in the development of diseases that can be transmitted from animals to humans. As such, at a time of a pandemic requiring the confinement of half of humanity, it is appropriate to analyse this crisis through the lens of the 17 sustainable development goals of the United-Nations, which guide international efforts for a better and sustainable future for all.
Faced with the challenge of protecting the planet, and the effects of climate change in particular, it is essential to develop projects to restore and protect natural ecosystems. The goal is to rethink activities in the logic of a circular economy, to limit their negative impact on nature and to create sustainable wealth. The emergence of sustainable finance is vital for the transformation of the economy towards a low-carbon and inclusive model. Finance must become a tool for health, economic and social development. But how? Finance Monthly hears from Catherine Karyotis, Professor of Finance at France's NEOMA Business School and Anne-Claire Roux, Managing Director of Finance for Tomorrow.
Financial actors must re-invent their activity to support the projects and sectors of the ecological transition, serve the real economy, and preserve biodiversity for a sustainable planet. They must apply best practices to both anticipate transition risks and protect the value of assets, face new risks linked to the physical impacts of climate change, and adapt to regulatory changes. Ultimately, they must enable the transition of the economy to a low-carbon and inclusive model.
The ethics of an investor, a banker, a fund manager, or an insurer go beyond compliance: they have to know how to place their mission of in the present and future contexts, taking into account all economic, financial and ecological dimensions. They can take the opportunity to create wealth, or rather value. To this end, they must identify new sustainable opportunities and put a long-term perspective at the heart of their financing and investment strategies.
Financial actors must re-invent their activity to support the projects and sectors of the ecological transition, serve the real economy, and preserve biodiversity for a sustainable planet.
Already, the entire sector is developing its offers, practices and trade products. Actors are mobilising, initiatives are multiplying, and new professions specialised in sustainable finance are emerging within organizations. However, this paradigm shift will not be possible without expertise and new skills.
A financial analyst must master the accounting and extra-accounting instruments and documents to carry out a joint financial and extra-financial analysis, connecting one to the other and enabling financial policy decisions to be taken in the long term.
A risk manager must know how to assess financial risks in all their dimensions, ranging from credit risk to climate risk to health risk, to then cover them by using derivative markets for this objective, not aiming for speculative short-term gains.
As an asset manager must know how to "price" a bond. Why not do so for bonds labeled "green" or "sustainable"? Likewise, beyond socially responsible investing, how can ESG criteria be introduced into passive management, and how can we revise models by developing a green beta? If we talk about alternative investments, we can also integrate “green” or “adaptation” labels, as well as "green value" into wealth management and into particular real estate investments.
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France is at the forefront of green and sustainable finance. French financial players - whether private or public issuers, arrangers, or even extra-financial rating agencies - are the greatest specialists in "green bonds". They are pioneers in carbon accounting and the financing of natural capital. Collectively, the French financial sector constitutes a driving force for the development of sustainable finance internationally, through initiatives such as ‘Finance for Tomorrow’ and the ‘Climate Finance Day’, the ‘One Planet Summit’, or the ‘Network of Central Banks and Supervisors for Greening the Financial System’ (NGFS).
To strengthen this expertise and pass it on to the next generation of financial professionals, it is necessary to reinforce skills in sustainable finance. From an educational perspective, it is up to teachers and professionals in activity, to transmit to students the tools, which will allow them to reinvent the financial system for a secure, sustainable future.
In the aftermath of the COVID-19 pandemic more than ever, sustainable finance must become a tool for recovery and our students must become the future decision makers of a finance serving the real economy, society and the planet.
Following a Thursday meeting of its Governing Council to determine monetary policy decisions, the European Central Bank has announced that it will enlarge its emergency bond-buying programme by €600 billion in a further effort to help European economies weather the damage caused by the COVID-19 pandemic.
“The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion,” the ECB wrote in its statement on the meeting.
“In response to the pandemic-related downward revision to inflation over the projection horizon, the PEPP expansion will further ease the general monetary policy stance, supporting funding conditions in the real economy, especially for businesses and households.”
In further measures, the ECB declared that purchases under the programme will continue until the end of June 2021 at the earliest. Interest rates remain unchanged.
The scale of the move has taken investors by surprise. Ulas Akincilar, INFINOX’s head of trading, described the move as ECB chief Christine Lagarde “firing the Euro bazooka”.
Despite the new stimulus measures, the stock surge that followed had little momentum, and most indexes returned to normalcy ahead of US markets opening on Thursday. The FTSE 100 and DAX were each down by 0.6%, and the CAC 40 by 0.3%.
The coronavirus pandemic is spreading fear around the world, and while countries are doing everything they can to stop COVID-19 in its tracks with travel bans and lockdowns, the financial markets are taking a hit. By now, it has become obvious that we are headed for another recession and the longer it takes to get control of the virus, the more intense the recession will get.
Therefore, it’s about time that we all do what we can to protect ourselves and our finances as much as we can. Luckily, there are several ways that you can adjust your portfolio to better protect it for the looming recession.
With the help of some financial analysts, we decided to evaluate and list seven of those methods.
1. Cash
Cash is one of the best and safest ways to store funds during a recession. It’s also a great method to ensure that you can buy stocks when the market turns or a great opportunity presents itself such as the plummeting of a usually stable stock that will likely bounce back.
Keep in mind that you don’t want to keep all your funds in cash and that you have to combine it with other traditional investments. You should also not expect to make any profits from your cash holdings.
2. Commodities
Commodities and especially gold are known as “safe havens” during global financial struggles. It’s well-known that many stock investors allocate their funds to gold when the stock market falls which, in turn, often results in the price of gold surging.
There are also good ETFs and other commodities that you can place your funds in as long as you analyse them properly. For example, during other recessions, oil has been a good investment but that is not the case this time around.
It’s well-known that many stock investors allocate their funds to gold when the stock market falls which, in turn, often results in the price of gold surging.
3. High-quality Bonds
Historically, high-quality bonds such as the U.S. Treasury bonds have been the best-performing assets during recessions. The reason for this is that bonds, similar to commodities, are considered “safe havens”.
Better yet, bonds tend to provide higher returns for investors than cash and even commodities.
4. Stable Stocks with Dividends
Not all stocks are affected the same way during a recession, and some tend to survive on their own without influence from the regular economic cycle. In fact, if we look back at the latest recessions, we can find stocks that have continued growing.
Furthermore, stable stocks with great dividends act as an additional safety net that gives you as an investor increase liquidity and the ability to continue investing and making a profit.
5. Preferred Stocks
Preferred stocks are a hybrid stock with equal parts equity and debt components which, when placed right, are some of the best types of investments during a financial collapse.
With that said, this can be a risky investment and you have to be very careful. Certain companies can look much better on paper than in real life making them even riskier than regular stock investments.
In addition, preferred stocks as best suited for smaller investments and investors with limited funds.
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6. Emerging Markets
Never lose sight of emerging markets and never stop prioritizing growth. Even during a major recession, there are usually certain markets that continue to thrive. In some cases, new markets start emerging because of the recession.
This often requires you looking for international investments and markets that you normally wouldn’t be analysing.
7. Diversification Is the Best Defence
Lastly, keep in mind that diversification is the best protection against a recession. Never keep all your eggs in one basket and try to spread your investments across several markets.
For example, most experts advise us to not place more than 5% of our funds in commodities unless we have a specific strategy, and preferred stocks shouldn’t make up a majority of anyone’s portfolio.
One Last Tip
Another method that should not be overlooked is short trading. By developing a solid strategy for how your best bet against the market, you can continue making great returns even as the market falls.
Now, most regular brokers allow you to short trade certain assets to a predetermined level but often start limiting the options when a recession starts. Therefore, we recommend that you look into short trading assets using online brokers.
