Quote:
Originally Posted by Love2Swim
We spoke with our financial advisor yesterday, and he said its about a 50-50 chance of recession based on the economic factors in evidence right now, and it may be down the road a year or two not necessarily tomorrow.
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Exactly, While ours says maybe 52/48 chance and not tomorrow but soon - year or so.
As pointed out, it is time, about 10 years from the last one and the rate inversion.
Cash is a good thing, and we are new to this, so the hard part is to keep repeating "Think long term"...