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re: Being "recession proof"

Posted on 7/8/13 at 3:28 pm to
Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 7/8/13 at 3:28 pm to
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

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 by LSURussian
Member since Feb 2005
127270 posts
Posted on 7/8/13 at 3:30 pm to
quote:

Nice call
Thanks but as Yogi Berra might say, 90% of that call was half luck.
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