re: Being "recession proof"

quote:

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When the stock market crashes who feels the immediate brunt of it? Is it best as a stockholder to simply ride the wave and assume it will eventually recover, because history tells us it will?

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Maybe I am looking at it wrong, but the way I see it is this. If the market gets to a state where its totally wrecked and not coming up, well, I don't know where you are gonna put your assets anyways. Anytime the doomsayer's bring up the market collapse theory, I think to myself, well, I'm fricked if I kept the money in there, and I'm screwed if I took it out because all hell is breaking loose in the world so how am I going to use that money to buy anything anyways?

So, stay in the market I do.