Ok boys since I am a GIANT pussy who actually cares about the well being of people regardless if I know them or not Im making this post. Call me gay or whatever idc.
Obviously an economic recession is very possible and lots of people, including some of you guys, could get laid off from their jobs. I was young when the 2008 crash happened but I specifically remember the tension in my family as layoffs hit my fathers company.
If you get laid off things won’t be fucking easy. It will be terrible and I wish layoffs upon no one. That being said, do not to something idiotic and kill/harm yourself because of this. You will be able to get a job again and being there for your friends and family is more important and valuable than any amount of money.
If you find yourself in financial troubles in the future, change your lifestyle to accommodate for your loss of income, keep in contact with friends and family, and do not lose sight of the many beautiful things in life that aren’t money.
TL;DR: Don’t kill yourself, keep loved ones close, buy puts
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.