Bank Stock Tips After SVB, Essential Recession-Proof Portfolio Updates, First-Time Parent Financial Planning

Is a Recession Coming? 5 Portfolio Changes to Prepare | What to Look for in Bank Stocks After SVB | This State's Recreational Weed Market Faces Product Shortage Created for {EMAIL} | [Web Version]( April 26, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top story [] [Is a Recession Coming? 5 Portfolio Changes to Prepare]( [Is a Recession Coming? 5 Portfolio Changes to Prepare]( (Getty Images) If we end up seeing a recession in the U.S., it may go down as one of the most widely anticipated in recent history, writes financial planner Brian Spinelli. Waiting until it’s “official” could be too late. Consider taking [these steps now]( to set your portfolio up for resiliency. [] Stocks [] [What to Look for in Bank Stocks After SVB]( [What to Look for in Bank Stocks After SVB]( (Getty Images) SVB was a salutary warning to the whole banking sector — as well as to regulators. Because of this, bank stocks are worth taking a look at. [Here's what to look for](. [Do You Need to Pay Off Debt? Here's Some Help]( Partner with an advisor to build a plan based on what's important to you--whether that's paying off debt, opening a business or saving for a big purchase. [Get Help with J.P. Morgan Personal Advisors]( See disclosure [here]( ADVERTISEMENT [] In Case You Missed It [] [This State's Recreational Weed Market Faces Product Shortage]( [This State's Recreational Weed Market Faces Product Shortage]( (Getty Images) The Show Me State's recreational marijuana market has been red hot, but [now demand is exceeding supply](. [] Personal Finance [] [Short-Term Financial Planning for First-Time Parents]( [Short-Term Financial Planning for First-Time Parents]( (Getty Images) Many parents-to-be have concerns about the expenses and financial planning challenges when welcoming a new baby. A seasoned wealth adviser [shares his experience with the financial planning]( he and his wife did for the arrival of their first bundle of joy, in conversation with financial planner Kara Duckworth. [5 Tips to Withdraw From Investments Wisely]( Withdrawing from your investments in the right order could help save you years worth of income in unnecessary taxes. The wrong order could potentially eat into your retirement nest egg. Work to enhance your financial future with these 5 tips. [READ MORE]( ADVERTISEMENT [] Credit Cards [] [Should You Use Credit Card Portals to Book Travel?]( Your credit card company wants to play travel agent, too. But there are some caveats to consider when booking through a credit card's travel portal. [Read More]( [] Car Insurance [] [9 Ways Seniors Can Save on Car Insurance]( Once seniors turn 75, car insurance begins to cost more. Here's how you can save. [Read More]( [12 Reasons to Use Empower to Help You Plan Your Retirement]( Easily include additional sources of income such as Social Security, rental income, pensions, and windfalls. [READ MORE]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger’s Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger’s Retirement Report]( and [Kiplinger’s Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:mailto:alerts@kiplinger.com) | [ADVERTISE]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036