How will a “long, deep recession” impact a person that is just beginning to invest in mutual funds right now?

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mutual funds
Papa Chuck asked:


Warren Buffet has stated that he sees a “long and depp recession for the U.S.” How will a long and deep recession impact someone that is just starting to invest in mutual funds but is expecting to need that money in a period of 5-7 years? What if they need that money in the next 10 years?

Jeffrey
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