Three ways to make money during a recession — without making a huge financial investment

  • 📰 OttawaCitizen
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

You can take advantage of a downturn

Every investor wants to buy low and sell high. A stock market downturn during a recession might be an opportune time for bargain hunters.The S&P 500 is down about 20 per cent in the first six months of 2022, marking its worst first-half performance since 1970.

According to Hartford Funds, the S&P 500 actually gained 3.7 per cent on average during the 13 recessions since 1945.with as much money as you are willing to spend.A recession doesn’t necessarily mean we are going to see a drop in property prices. But one specific factor could deter the upward momentum in the real estate market: interest rates.

Real estate mogul Sam Zell — also known as the “Grave Dancer” — made a fortune from buying properties when no one else wanted to.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 21. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines