Sid is the U.S. Chief Investment Strategist and is the Senior Vice President at TD Wealth. He is tasked with developing and communicating the firm's investment thought leadership, market outlook, and asset class positioning. Sid leads the design, development, and portfolio management functions for TD Wealth's firm discretionary and home office models, including Robo and Robo-Hybrid portfolios. He is responsible for due diligence and oversight of all affiliate investment managers and strategies available on the TD Wealth US platform.
Investing during a recession can be tricky, but avoiding certain investments can help you weather the storm.
Generally, investors should consider balancing capital preservation in portfolios in the short-term with staying invested for longer-term opportunities. In this environment, how you get exposure is of paramount importance. We would recommend investors focus on higher-quality investments and avoid more speculative areas of the market. This means equities focused on companies with resilient balance sheets, high-quality fixed income like Treasuries and mortgage-backed securities and credit instruments like investment-grade bonds.