#money #investing #recession
TIMECODES
0:00 – Should you sell before a recession?
0:58 – Will we go into a recession?
1:56 – PMI Index Overview
3:43 – UK GDP Overview
4:08 – Would it help if we could predict the recession?
5:47 – The declines temporary/advance permanent
7:20 – What is performance during a recession?
8:27 – Economic data vs The Stock Market
*Sorry there was a bit of movement on the mic here.
RISK WARNING
All content is being provided for informational purposes only and should not be considered to be investment or tax advice. Only YOU are responsible for your own decisions and no investment decisions should be made solely based on the information in any of these videos or blog posts. Investment involves risks. The investment return and principal value of an investment may fluctuate so that an investor’s portfolio, when redeemed, may be worth more or less than its original value. Past performance is no guarantee of future results. The information provided in this presentation has been compiled from sources believed to be reliable and current, but accuracy should be placed in the context of the underlying assumptions.
A WARNING
There are some scams on YouTube where a profile image is copied and then used to promote cryptocurrency scams and all that nonsense. I will never, ever, contact you selling any investment product or service. I would never do that, am not allowed by regulation and it goes against the intention of this channel is to educate and inform.
10 Comments
I hear exactly what you are saying but whilst I can accept roughly 5 more years of volatility, I really need to know there is light at the end of the tunnel. In practice, I have already liquidated circa 40% of my portfolio and into cash, with every expectation to either draw on it or take a cautious approach in drip feeding it back into the market. I'm at that age where I need to start spending before I fossilise much further! In other words I do not have the luxury of time.
Thanks for all the great content in 2023, including this excellent video, Principles Personal Finance! Happy Holidays to you and your family, George!
The recession is here, mortgage rates still on the rise with higher imports and lower exports, yet the Fed is to lessen cost. Where do investors look at now for wealth gains? something will eventually break if they keep raising interests and quantitative tightening.
Listen to ten 'experts' about the UK economy for the next two years and you will get ten different forecasts. An 'expert' on the wireless's Nick Ferrari show (LBC) this morning said the ONS reckons 0.4% growth next 12 months and 0.8% the following year., with no recession. They did say for an economy the size of the UK's it was very slow.
Excellent advice, always great to cut through the complexity and remind ourselves of the basics of investing, to keep us on track.
"Men, it has been well said, think in herds;Â it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
Charles Mackay. 1841.
Great video George
Nobody sells anything as no recession is coming! Just anaemic growth
Thank you – completely new slant on the bad times. Unfortunately i will have to start using my pension fund within the next 4 months. not great timing!
Can you do a talk on inverted yield curve which many swear by? It’s been inverted for over 18 months and the market is thriving….