Investing for the next recession

Capslocked

Capslocked

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How're you dividing your assets for the upcoming economic downturn?

I'm personally placing 25% of my savings every month into gold as a value placement, but Im very interested in hearing how other people are preparing to keep value in the next recession.
 
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Basically just trying to keep cash on hand and my eyes open for good opportunities.
 
Capslocked said:
How're you dividing your assets for the upcoming economic downturn?

I'm personally placing 25% of my savings every month into gold as a value placement, but Im very interested in hearing how other people are preparing to keep value in the next recession.
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I'm not bothering, after the financial crisis ten years ago UK banks are pretty safe. If you knew my wife's spending habits you'd realise I have no assets lol!
 
I work in a hot real estate market dominated by sellers, huge demand and a limited inventory. Depending on where your living I’d be buying real estate. I see a lot of foreign (Chinese) buyers picking up a lot of properties, this past year.
 
blogzandstuff said:
I'm not bothering, after the financial crisis ten years ago UK banks are pretty safe. If you knew my wife's spending habits you'd realise I have no assets lol!
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I dont trust banks haha. Thanks for laugh man, I needed that.
 
blogzandstuff said:
I'm not bothering, after the financial crisis ten years ago UK banks are pretty safe. If you knew my wife's spending habits you'd realise I have no assets lol!
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I would say UK banks are worse now than ten years ago, they have only got bigger and IMO it's only a matter of time until something causes a massive crash again.
 
waiting for good opportunity to invest.. also loose a tons on etn
 
Tom_Hunter said:
I would say UK banks are worse now than ten years ago, they have only got bigger and IMO it's only a matter of time until something causes a massive crash again.
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No that's wrong, they have to ring fence money, so perfectly safe
 
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