This is the Ramsey Call of the Day, part of the Ramsey Network.

Joining me today is Ramsey personality, Rachel Cruz.

Today's question comes from Wayne in Pennsylvania.

Right now, what would be the best investment and stocks to invest in

if there's a downturn coming? If the government does not raise the debt ceiling in June and we go

into a recession, what is the best thing to do with our money? Hmm. Well, Wayne, I mean, I would say the,

I mean, honestly, we're still so consistent, regardless of what downturn is happening, especially when it comes to investing.

If you are out of debt with a fully funded emergency fund, you still want to be investing.

I mean, even in a downturn.

Especially in a downturn.

Yeah, we've had ups and downs.

And what happens is a lot of people have a lot of fear and they freak out. And so they either stop investing or they pull their

money out at the bottom, which is actually the best time to invest because then you get to ride

all the gains when it goes back up. And so I would be very consistent, Wayne, on what you're doing. I mean, you know, we talk about retirement a lot, 401ks, Roth IRAs, you know, good mutual funds within those and, and just continue the path. Now, you know, if you are in a position and, you know, with a recession, I mean, the job market and stuff, you know, that's sometimes where you see significant possible layoffs and

that kind of thing. So if you're in an environment, a company or an industry that layoffs are

happening and you have a three-month emergency fund, maybe I would probably bump it up to six.

You know, you can be conservative on the savings end to get to money. But other than that,

I mean, I would keep investing.

But in June is when the debt ceiling, Dave, comes into effect.

And so there's that whole conversation going on.

And so when you look at that, what are your thoughts around all that?

I yawn.

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