Tue Apr 09 2024, by Tyler Gardner

InvestingRecession StrategiesFinancial PlanningEconomic DownturnWealth Management

How to Invest Your Money During a Recession

Hey Dad, is it true we're entering a global recession?

Yep.

So what do I do with my money in a recession?

1. Focus on Healthcare

Well, are people still going to get sick and need healthcare in a recession?

Yeah.

2. Essentials Are Still in Demand

And are people still going to need groceries and basic home goods during a recession?

Yep.

3. Consider Pet Care

Are pets still going to need to be fed in a recession?

We need to keep feeding our dogs.

4. Look at Banking Opportunities

Are banks going to make more money if they lend out their money at higher interest rates?

Yes.

5. Invest in Government Bonds

With those higher rates, could you make more money by investing in government bonds?

Yes.

6. Lifestyle Choices

And are people still going to smoke, drink, and gamble during a recession?

I'm 14, so I can't answer that question in good faith. But my older self says, yes.

Conclusion

Okay, good. So where do I invest in a recession?

Really? I literally just told you.

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