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re: Being "recession proof"
Posted on 7/8/13 at 3:28 pm to LSURussian
Posted on 7/8/13 at 3:28 pm to LSURussian
quote:
I suggested on this board in February, 2009 that the time was near to get back into the market. The U.S. stock market hit its recession low point on March 9, 2009.
Nice call
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To the OP: Consumer staples is going to be a sector that performs relatively better. Also, if the economy is slowing and moving towards a recession rates should decrease so bonds theoretically should perform better. Specifically government bonds would be the better option because of the safety.
Posted on 7/8/13 at 3:30 pm to gatorsimz
quote:Thanks but as Yogi Berra might say, 90% of that call was half luck.
Nice call
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