Comments on: How to Prepare for a Recession: 9 Tips https://www.moneywehave.com/how-to-prepare-for-a-recession-9-tips/ Personal Finance and Budget Travel for Canadians Mon, 13 Feb 2023 15:52:59 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Barbara https://www.moneywehave.com/how-to-prepare-for-a-recession-9-tips/#comment-217715 Tue, 31 Jan 2023 19:16:03 +0000 https://www.moneywehave.com/?p=774152#comment-217715 In reply to Barry Choi.

Thank you, Barry.

]]> By: Barry Choi https://www.moneywehave.com/how-to-prepare-for-a-recession-9-tips/#comment-217714 Tue, 31 Jan 2023 18:17:16 +0000 https://www.moneywehave.com/?p=774152#comment-217714 In reply to Barbara Bellemare.

Hey Barbara,

I’m not a financial advisor, so I can’t comment on your specific situation, but here’s some general advice. Hopefully you’ll still have at least two decades of life. Depending on the size of your portfolio, you may still need some equities. It might be a good idea to hire a fee only financial planner that can run all of your numbers and make projections on your behalf.

]]> By: Barbara Bellemare https://www.moneywehave.com/how-to-prepare-for-a-recession-9-tips/#comment-217713 Tue, 31 Jan 2023 18:05:32 +0000 https://www.moneywehave.com/?p=774152#comment-217713 I have half stocks, half bonds at 68 yrs. Would you recommend me going to all bonds for the time being?

Would appreciate your opinion.

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