Carl Icahn: recession coming. How to protect our investment?

· Famed investor Carl Icahn said an economic downturn could be on the horizon.

· How to beatmarket volatilitywith your investments?

Famed investor Carl Icahn said an economic downturn could be on the horizon and he is loaded on protection against a steep sell-off in the market on March 22.

Carl Icahn is one of the most successful figures of Wall Street. He is popularly known as "corporate raider". In February 2017, his net worth is estimated at $16.6 billion and he was also known as the 5th wealthiest hedge manager.

Perhaps you should seek the experts' advice and entrust your money management to professionals. Mutual funds is such a category.

- Diversification — Mutual funds help investors diversify company risk and sector risk by investing in a diversified portfolio of stocks across different sectors because you're not putting all your eggs into one basket. If one asset bombs, you've still got others to balance the risk.

- Professional portfolio managers — Mutual funds are managed by professional fund managers who have the desired qualification, expertise and experience in picking the right stocks or other instruments to get the best risk adjusted returns.

As with all investments, it's important to evaluating managers and past results.
Having a fund manager is great if you are using a reputable company that hires skilled professionals, but it can be worrisome if you're buying from a "no name" fund house.

Moomoo money plus partners with 20 asset management companies worldwide to provide a selection of over 60 best-performing funds. Is there any fund house that you are familiar with?

Low barriers to entry, liquidity and security are also the pros of mutual funds.

In certain situations, mutual funds could not get satisfactory returns.
Such as:

-If you do not plan your goals before Investing.

-When you start chasing high returns & misses on proper asset allocation & diversification.