opportunity in recession

Given the current world wide economic crisis, the takeaway from it is there will be at least min 3 recession in ones lifetime. So with this knowledge, financial planning becomes more of knowing of creating plans for the different phase in a economic cycle.

Whether to save and then invest during a recession is maybe a too extreme plan, thou it have a simple and elegant logic to it.

The current crisis wipe out more than 20% in a person investment, considering if a financial plan have a target rate of 10%. This different is very painful to bear to that person. So the question is than readjust for target rate, given this occurrence.

There a lesson to learn here.