Coffeesforclosers

Director Sales and Market Development

Recession Looming- U scared???

ANyone hitting the panic button on the looming demise that is our economy here in the US? Looking for work, working at a startup? Scared or steady as she blows? My company stock is down lowest in 5 years, I thought we were gonna be ok, someone tell me its gonna be ok, lol.

Hitting the Panic Button

Attached poll

Yep. We are F'd Nah, stay the course its gonna be ok

*Voting in this poll no longer yields commission.

💆‍♂ Mindset

🏄 Personal Life

21 comment

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CuriousFox

WR Officer

🦊

Dude be aware but don't panic. Panic will not help you in any situation.

Coffeesforclosers

Notable Contributor

Director Sales and Market Development

I'm trying not to. Selling into the customer base is 75% of my income and they aren't gonna be spending long. Winter is coming I fear. I wouldn't say I'm panicking but def close.

jefe

Arsonist

🍁

Always true.

E_Money

Big Shot

💰

SELL SELL SELL.

SET YOUR HOUSE ON FIRE.

THERE IS NO TOMORROW, ONLY TODAY, ONLY RIGHT NOW.

Coffeesforclosers

Notable Contributor

Director Sales and Market Development

excellent points, want to buy some stuff?

E_Money

Big Shot

💰

Let's circle back on that.

Chep

WR Officer

Bitcoin Adoption Specialist

With midterms coming up I got a feeling they are going to fire back up ze old money printer. Maybe I am wrong and it is not necessarily the brightest idea (in my humble opinion) since inflation is brutal but if you hold assets it seems like Jerome and Yelen are going to swoop in again and make sure they don't tank too far. I'm happy to be young right now with a whole career ahead of me but I genuinely feel bad for those who are nearing retirement and watching their 401ks get destroyed by the looming recession.

NotCreativeEnough

Big Shot

Professional Day Ruiner

being only 25 I'm loving seeing the market tank. I've increased both my 401k contribution and my personal stock purchases into index funds. This is the best time to buy if you can afford it.

Justatitle

Big Shot

Account Executive

I came out of college and we were in a recession and I was just trying to get a job and it was fine. I wouldn’t worry to much.

TennisandSales

Politicker

Head Of Sales

Its not the first.....and it wont be the last.

just chill.

SADNESSLieutenant

Politicker

Officer of ♥️

If you’re that scared get into a role that is recession proof like cyber

TheIncarceration

Politicker

SDR Manager

I always remind myself that stock market =/= economy

JDialz

Politicker

Chief Operating Officer

When somebody like me tells you your portfolio displays a high concentration risk, ask good follow-up questions.

But you'll probably be aight.

SiliconBBQ

Politicker

The Metal Rooster

you got an emergency fund saved up player?

Coffeesforclosers

Notable Contributor

Director Sales and Market Development

of course, hopefully doesnt come to that, but shit is insane right now

SiliconBBQ

Politicker

The Metal Rooster

You'll be good man. Focus on what you can control.

If something happens I do not think it will be a long-term down period. Sales jobs will likely bounce back within a couple quarters; with the capt. obvious caveat - some sectors will be hit harder than others.

I actually need to boost my Em fund. I am working to buffer my emergency fund with I-bonds over the next several years to roll some funds in each year so that it's not just dead money getting hit with inflation y-o-y.

nemix

Politicker

SDR

Not really, But my job is based on realtors and they're about to get raw dogged so kinda.

Blackwargreymon

Politicker

MDR

I came out of college and we were in a recession and I was just trying to get a job and it was fine.

NoSuperhero

Politicker

BDR LEAD

Most of us will be ok, but I do think major losses will happen in the US job market AGAIN. Getting good, being an asset, and pushing ourselves harder is the only thing we can do for now.

Smilesndialz

Politicker

SDR

Considering I’ve been seeing all these posts about sales people being laid off, I am a little scared but I’m trying not to let it affect it. I’m going to keep working hard and pushing myself to be better than I was before.

NotCreativeEnough

Big Shot

Professional Day Ruiner

people panicking and not spending money is part of what makes recessions worse. continue living your life. You'll feel better and less stressed. and it'll help keep the economy moving.

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