Recession-proof Your Portfolio

By : Zachary Pienkowski


Kevin and Lucy Aikman are emerging from the financial scare of their lives.

The upstate New York couple have been confronting worries about their income, their investments and the possibility that the job picture could get far worse before it recovers.

Not only were the Aikmans heavily invested in the stock market last fall, but Kevin Aikman's employer, AIG, nearly collapsed. Although he is in home insurance assessments, which is considered a stable end of the business, the dual crisis -- rocking his investments and employer -- was particularly jarring.

"The first thought is fear," he said. "What about all these years I've put in hard work? All the money I invested? Is there going to be any money left at the end of the day?" For Lucy Aikman, the financial crisis has been terrifying. "I ended up having to go get pills because I couldn't sleep, so much anxiety," she says.

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