In The Money

Investing when a slowdown looms: Switch to defensive sectors, keep more cash

This fortnightly column addresses readers’ investing issues.

Investors should see where they can deploy cash in relatively safe investments that provide a regular income stream. PHOTO: UNSPLASH
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Q: We seem to be heading into a slowdown, but some people say I should still keep on investing. Inflation is also high, so what can I do to make my portfolio more recession-proof?

— Keep more cash. Anything from 10 per cent in cash to around half of your portfolio in cash and/or bonds.

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