How to Build Strong Portfolio and make it Recession Proof ?
While many countries around the world seem to have curtailed the magnitude of the COVID-19 pandemic, a spike in new infections has increased chances of another global economic crisis in a few major nations. According to International Monetary Fund (IMF), the world economy is expected to decline by 3% in 2020. The COVID-19 contagion and the resulting strict shutdown measures have together thrown the world economy into a turmoil.
What is Recession?
Recession refers to 2 consecutive quarters of decline in real GDP. Economic growth in a country reflects more jobs, the profitability of companies and payment of dividends and more money with the government in the form of taxes paid by people.
Here is step-by-step process for participants in order to strengthen their virus-proof portfolio.
Strategic Portfolio Building Amidst Recession Fears
Dividend Stars under the Scanner
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