4 Ways to Protect Your Investment Portfolio in Times of Trade War
As the risk of economic recession increases due to trade wars, here are 4 essential steps to protect your investments:
♦️ Diversify Your Investments
Don't just stick to traditional diversification, but focus on defensive assets that provide stability in turbulent times, such as U.S. Treasury bonds or hedge funds, $BTC $ETH $SOL
♦️ Build Cash Reserves
Having sufficient liquidity prevents you from selling your stocks at a loss during market downturns, according to Charles Schwab.
♦️ Avoid Emotional Decisions
Don't let fear or greed control your investment decisions during volatile times. Stick to your financial plan and focus on available opportunities, even if they are in new areas, as advised by experts like Scott MacAdam from Strategic Advisers and Anthony Grosso.
♦️ Adjust Your Investments in Funds and Bonds
Charles Schwab recommends shifting funds to core index funds that focus on value and investing in long-term bonds to take advantage of high interest rates before they decline.
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