Are You Ready for Recession? This 3 Investments in Indonesia Will Help You Facing It!  

People are shocked by the news of a global recession after the global economic situation worsened in several countries due to the COVID-19 virus that devastated global productivity and sparked wars between several countries. The news of this impending recession is unsettling and panicking for most people. Some big companies are also laying off workers in preparation for the recession. There is no doubt that a recession will have a major impact as it will result in fewer jobs, more hiring freezes, suspension of salary increases and, if all else fails, layoffs to save money.

This news will raise people’s interest. In such situations, you need to protect your financial situation. Just because you put your money in the bank doesn’t mean you’ll be able to withdraw it during a recession. Some important things to watch out for are having an emergency fund, stopping spending, having cash, not selling the assets you have, and staying calm. The next step to take is investment. Most people are afraid of fundraising. That’s because we associate fundraising with huge sums of money, significant losses, and unpredictable gains. Not all investments are like this. As Indonesia’s technological sophistication progresses, some investments can be made. Learn more about investing!

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