Due to Covid-19, GDP has dropped in 2020.
This has posed a higher economic risk in Malaysia.
Unemployment will be higher.
Refer the chart below for the correlation:
So how do you manage the risk?
Keep your cash ready so that you can continue to accumulate good quality stocks.
Remember, always do Dollar Cost Averaging (DCA).
Always diversify, and only buy strong fundamental businesses that are recession proof.
Only buy those business (stocks) that you are familiar and understand.
Note: Please always do your own research. The above are just for education sharing purposes. I do not take responsible on the performance of your investment returns.
May the market be with you!
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