/biz/ - Business & Finance

>>10094884
That ass is recession proof

Senior living REITS

>>10094884
Debt

>>10094884
The classic advice is to buy utilities, but also look at staple goods companies that make things like toothpaste, toilet paper, canned soup (no joke), any sort of basic necessities.

>>10094884
consumer staples XLP/VDC

>>10094884
Gold baby gold.

>>10095009
Soup, Campbell’s makes most of their money on snack foods now.

>>10095009
none of that shit is shock proof because companies make everything and source from everyone

>>10094884
what a body, wew lad

gun manufacturers
liquor manufacturers
mcdonalds

>>10094884

>>10094884
Inverse ETF's nigger.

>>10095025
someone once told me that when there's a recession, people sell off their stocks with increases the demand for the dollar, but that in turn decreases demand for gold. is that true?

>>10095312
Hmm, maybe because people with the hold are buying all the stocks?

Vice.

>>10094884
the elusive 11/10

>>10094884
Wow! Thanks OP

Is that a hooker in the OP?

>>10094884

Cigarettes and alcohol companies usually do better in recessions as people go back to smoking and drinking when they lose their jobs

>>10094884

Think of where poor people shop. Thats where most people will be shopping when theres a recession.

>inb4 Wal-Mart

>>10095365
>>10095256
>>10095036
>>10095009
Good advice itt

>>10094897
unironically true

>>10094884
prasx is a mutual fund comprised completely of puts and shorts. Its performance sucks during bull markets but it if awesome in bear markets. It will go down in the initial stages of a recession/depression but it will recover like a beast first.

>>10094884
Goodness my gracious the girl grew up right.

>>10095025
gold or gold miner? And what region?

WM

>>10094884
Your mom being unfuckable is recession-proof.

>>10095312
>>10097941


what he meant is physical gold, gold coins gold bars etc.. real gold you can touch

reason being is that currencies are pretty much "made up value" and when there is a economic crisis, the currency automatically loses it's value aswell, people lose trust in it

but gold is a value that was is limited by mother earth, there is only a set amount of gold in the world that cannot ever increase... gold has real value.. in a recession, you will usually see gold prices going up (you can for example dodge overinflation/deflation with gold)

check charts for economic downtimes (for example S&P500) and compare how gold reacted to it at the same time, most of the time it goes up in value.. worst case it will keep somewhat steady

>>10098818
I think you misread my post

>>10098818
>Will literally be mining asteroids EOY
>Thinks we cannot increase gold with chemistry in the near future

BRAINLET

>>10094897
it's a depreciating asset