Before a Recession, Warren Buffett's 5 Tips

Build liquidity. This means having cash on hand so that you can weather the storm of a recession.

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Avoid putting all your money into no-growth assets. This means investing in assets that have the potential to grow, even during a recession.

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Stick with your normal game plan. Don't make any rash decisions just because there's a recession on the horizon.

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Be patient. Recessions don't last forever, so don't panic and sell your investments.

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Reinvest your dividends. This is a great way to grow your wealth during a recession.

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