/biz/ - Business & Finance

So in the event of a recession how do you make money? Do you focus on inverse ETF's as the market goes down? Focus on consumer cyclical and defensive? Gold?

I was in my early naive 20's when the '08 crash happened so all I saw were the end results of the crash and then the subsequent shiftiness of the job hunt when I graduated into recession. I just want to be prepared when things go tits up.

What are you all doing to gear up for the next market down turn? What should a newbie keep his eye on so he doesn't get flatted? Suggestions are appreciated.

>>5312467
If enough people felt this way, wouldn't it be better to orchestrate some sort of conspiracy to plunge the economy into chaos with the intention of resetting things back to bartering?