Storm ahead? Here’s how to prepare for a financial crisis

As the IMF warns a downturn could be coming, we examine how you can protect yourself

Every 10 years or so a financial crisis hits global markets – and it’s 10 years since the last one. This week the IMF warned that not only are the storm clouds of the next global financial crisis gathering, but also that the world financial system is unprepared for another downturn.

Will your pension be wrecked? The value of your house plummet? Will your industry be hit by a wave of redundancies? The bad news is that even the big investment houses, which traditionally talk up markets in the hope that you will invest, are pessimistic about 2019.

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from The Guardian https://ift.tt/2zYJusW