Today we talk about the coming recession and how to prepare for it as an investor. There's a tremendous amount of fear surrounding economic downturns, and much of the financial anxiety is justified. However, there are some things you can do as an investor to make sure you're ready. The biggest mistake is to clam up, sell everything and hide. A recession doesn't mean that you withdraw from the economy, it just means that you have to participate in a different way. The companies that do well during recessions tend to be built differently from those that do well during economic booms. Good financial literacy training helps you know how to adjust so that you can do well in any situation. Dr Boyce Watkins is a Finance PhD and founder of The Black Business School. He’s also the author of the books, “Financial Lovemaking,” “Black American Money” and “The 10 Commandments of Black Economic Power.” Dr Watkins is one of the leading black wealth experts on earth and has helped millions of people learn the secrets to black wealth and economic power. You can learn more about Dr Watkins and his work on the following platforms: Website: BoyceWatkins.com Twitter: @DrBoyceWatkins1 Instagram: @TheRealBoyceWatkins You can also study under Dr Watkins by joining his Stock Market Investing class at TheBlackStockMarketProgram.com. You can learn how to generate income by selling stock options by registering at DrBoycePrime.com.