THE ABSOLUTE BEST INVESTMENT DURING A RECESSION IS TO PAY OFF YOUR DEBT AS MUCH AS POSSIBLE. A NEST EGG OF SIX MONTHS OF INCOME IS ALSO A GOOD IDEA.THE NEXT THING TO UNDERSTAND IS WHAT TYPE OF RECESSION WE'RE FACING.I BELIEVE WE ARE FACING AN INFLATIONARY RECESSION WHERE THE COST OF ALL THE NECESSITIES OF LIFE WILL INCREASE IN COST[I.E. FOOD,GAS,HEALTH CARE]WHILE WAGES WILL BE FLAT OR DECREASE. ASSETS SUCH AS real estate AND STOCKS WILL DECREASE IN VALUE AS EARNINGS FROM THESE ASSETS WILL ALSO DECREASE.MANY PEOPLE HAVE ALREADY MADE SUBSTANTIAL AMOUNTS BY SHORTING CYCLICAL SECTORS OF THE Stock Market SUCH AS HOME BUILDING STOCKS. BY FINDING WAYS ON BETTING ASSETS WILL DECREASE IN TERMS OF DOLLAR COSTS LARGE GAINS COULD BE MADE. GOLD AND GOLD STOCKS HAVE ALSO INCREASED DRAMATICALLY AS PEOPLE HAVE SOUGHT A HISTORICALLY SAFE HAVEN INVESTMENT.AS THIS IS BEING WRITTEN IN JANUARY 2008, A C.D. PAYING AROUND 5% IS NOT A BAD MOVE FOR PEACE OF MIND AND EASE OF INVESTMENT.FOR THOSE WHO LIKE TO TAKE MORE RISK I WOULD LOOK AT PENNY MINING STOCKS AS A EXAMPLE OF AN INVESTMENT THAT HAS BEEN OVERLOOKED AND COULD PROVIDE PROTECTION FROM THE WEAKNESS OF THE DOLLAR AS THE FEDERAL RESERVE ATTEMPTS TO FLOOD THE WORLD WITH DOLLARS TO PREVENT A FULL BLOWN DEPRESSION.
Forget this rubbish...If it has to be typed in capitals and you trust it, then seek competent advice. And by all accounts forget the worst investments of all (penny mining stocks) that are just pure speculation. Go for 100% capital guaranteed fund investments and then sit back and RELAX (sorry for the capitals).
Insurance companies brought us out of the great depression
nyc yellow cab medallion
The recession worsens into a depression.
Inflation and Unemployment was high! :)
Invest in an ETF of the Dow Jones Industrial average.
Borrowing money becomes more expensive and there is less investment in production.
b. attracting investment capital
Full employment but low wages
Some of the best selling novels about the great depression include The Great Depression, America, The Worst Hard Time, and America's Great Depression.
it authorized loans during the Great depression
a gravedigger etc .
Hard economic times, as during the Great Depression, made popular the hobo clown, best exemplified by Emmett Kelly.
Herbert Hoover is best known as the 31st president of the United States. He was in office during part of the Great Depression.
The best jobs during the great depression were based on necessity, not want. For instance, jobs that rely on things we need, such as food, water, health, oil, and transportation will be safe. On the other hand, jobs that derive from want, such as clothes, will not prosper during tough economic times. In addition, many jobs in the banking industry will suffer as the tough economy cannot give banks the necessary cash flow to sustain themselves.
The Great Depression, 1929 to 1940. Most countries economies failed during the Great Depression, so they frequently turned to a strong leader with easy answers to solve their problems.
I would recommend a 401k or a short term investment fund. This is a great investment that is short term and you can gain double on your investment.
the fastest recovering stocks were the gold related stocks such as homestake mining stocks. in the related links box below, I posted a link that will explain to you how the stocks were affected during the first great drepression.
Sir Donald Bradman became a sporting idol for Australians during the great depression. His influence over the mood of Australia at that time was great, while many Australians were struggling through the grim days of the Depression, Bradman lit up the nation. He is known as the best cricketer of all time and his test batting average is 99.94. JaesonD2
Countries around the world collapsed. (Apex)