Stock market advice from Felix Salmon

No kidding.

Felix Salmon: Stocks: Recession Bites

Stock markets are a great way for a society to determine where best to allocate its capital. But once in a while we get a reminder that they’re best suited for long-term capital you don’t really need. Because when the recession really bites and you lose your job and you’re forced to fall back on your nest egg, that’s a particularly gruesome time to be forced to liquidate your portfolio.

Leave a Reply

Your email address will not be published. Required fields are marked *