How to Prepare for a Recession

Re:How to Prepare for a Recession by rat_1234 on Friday March 18, 2022 @08:47AM (#30721485)

Keeping your fixed costs meaningfully less than your non-variable compensation (i.e., RSUs) is the root of everything he said here. It's that simple.

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Re:How to Prepare for a Recession by lupire on Friday March 18, 2022 @09:04AM (#30721675)

Less than the recession value of RSUs. They won't go to zero in a recession, unless your salary does too.

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Re:How to Prepare for a Recession by SketchySeaBeast on Friday March 18, 2022 @09:22AM (#30721865)

Do you keep your RSU's if you lose your job? I think that's the real fear here.

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Re:How to Prepare for a Recession by thebean11 on Friday March 18, 2022 @10:05AM (#30722402)

Unvested RSUs? Of course not.

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Re:How to Prepare for a Recession by SketchySeaBeast on Friday March 18, 2022 @10:30AM (#30722716)

Then that doesn't seem like a great recession hedge. I think the biggest immediate fear of a recession is losing your job, your investments should be available in that situation.

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Re:How to Prepare for a Recession by thebean11 on Friday March 18, 2022 @12:10PM (#30724026)

I think GP was saying you shouldn't take them into account, not that they are a good hedge.

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