In recent weeks, the stock and crypto markets have been down due to the possibility of increased interest rates the Fed might pass soon. This means that the higher the interest rate, the more borrowing money will be expensive. As a result, the markets are responding by decreasing in value. How can investors prepare for a possible recession? What am I doing while the markets are volatile? Should you invest and buy the dip? These questions and more will be answered in this podcast episode, as well as considerations before investing in the markets. 

Tips: 

1. Have a 3-6 month emergency fund.

2. Diversity your investments.

3. Keep buying in.

4. Don't panic sell.

5. Don't use leverage to invest. 

6. Have a steady source of income. 

General Rules: 

1. Don't invest if you intend to use the money in 3-5 years. 

2. If you believe the company will not exist in 10 years. 

3. Unable to sleep at night since you're worried about losing money. 

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