August 22, 2024
Where To Put Money In a Recession
Posted in: Accounting & Finance, Feliciano School of Business
Dr. A. Seddik Meziani, Professor of Finance at the Feliciano School of Business, was recently featured in MoneyGeek discussing strategies for navigating saving and investing during a recession. Dr. Meziani emphasized the importance of having a robust emergency fund and a well-diversified portfolio to mitigate the effects of economic downturns. He advised building a financial cushion to cover up to six months of expenses, which can prevent the need to sell assets in unfavorable conditions. Additionally, Dr. Meziani recommended incorporating low-risk investments, such as government bonds, into one’s portfolio to further reduce the impact of a recession.