#invest corner (4): đ€ïž Another new day, wish everyone to be filled with positive energy đ
đIn investing, there is a method that many people consider extremely safe and anyone of us can do it, as long as we are patient. That is: Investing according to the economic cycle!
â Basically, investing according to the economic cycle is an investment strategy based on analyzing and predicting economic cycles to make investment decisions appropriate to each cycle stage.
â Meanwhile, the economic cycle is a recurring change in economic activity over time, usually occurring about every 10 years. This cycle usually includes four main stages: expansion, peak, recession and trough.
1ïžâŁ Expansion: The stage in which economic activity grows strongly, workers find jobs easily, and businesses expand production.
2ïžâŁ Peak: This is the time when economic activity reaches its peak before starting to decline.
3ïžâŁ Recession: The period when economic activity begins to decline, businesses reduce production, workers lose their jobs.
4ïžâŁ Bottom: The final point in the recession cycle before economic activity begins to increase again.
đđ» So, according to you, which stage of the economic cycle are we in? Is it worth investing at this time? And has anyone ever heard of the "Great Cycle"?
â„ïž A wave can be wrong, but a cycle is never wrong.
Wishing all investors success!đ
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