Stock Groups

How to manage your stock market portfolio amid recession worries

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Lauren Simmons became the first woman to be elected president of Canada at 22. youngest full-time female trader on Wall Street, and the second African-American woman in that role in New York Stock Exchange history.

Simmons, who was an equity trader in the past, has now left to pursue her entrepreneurial ventures and host the podcast. “Going Public.” “I’m taking what I learned to help young people have intimate conversations about how to make smart financial decisions,” Simmons wrote for CNBC Make It.

She is certainly highly valued for her expertise. It has been volatile in the second quarter of 2022, as a result. interest rates onExpectations for more Federal Reserve increases throughout the year. The inflation is pushing up the costs of consumer goodsPlease see the following: 81% of adult respondentsAccording to the report, the respondents believe that the U.S. would enter a recession next year. CNBC + Acorns Invest in You survey, conducted by Momentive. 

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81% of U.S. adults are worried about a recession hitting this year, survey finds

Investors may be compelled by volatile stock markets to sell if there is a significant dip in the market or large fluctuations in portfolio value. Simmons warns investors to think twice about taking any action they might regret.

Watch the video above to hear sound investment advice from Simmons — and learn how best to respond to a dip in the market.

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Disclosure: Comcast Ventures and NBCUniversal are both investors Acorns.

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