As the coronavirus wreaked havoc in economies across the world, the International Monetary Fund (IMF) said it could trigger a global recession in 2020 which is expected to be worse than the negative 1.68 percent during 2009 global financial crisis. It is a timely reminder of the importance of diversifying one’s investments to prevent losses: A varied portfolio is crucial for stability, especially when markets become increasingly volatile. Yet another school of thought offered by BlackRock is that even investors with ready capital to deploy should focus on preserving values and incomes.