Quote from: harapan on Today at 10:23:50 AM

Quote from: kotajikikox on June 01, 2025, 07:52:13 PM

Recession may come sooner than expected so we all should just be prepared if it does happen no matter what the extent of it. Learn which assets would be the safest to invest in and hold during these times. Even if there’s a risk of losing your job, we should have savings and investments and other skills to use so we can be prepared no matter what happens. Life is unpredictable so better prepare for anything we can.

I think the only way we can be prepared for the incoming recession is getting ourselves ready inorder to be financially stable and this involve developing new skills and not depending on salary but instead being able to multitask between skills and jobs that will earn us something as well as bring in more profits is what we should look on to. And thus investment is not exempted.

We plebs should be SAVING and holding the best assets that perform OK during phases of recessions. Those assets are, Bonds, Utility Stocks as well as Food and Beverages, and Health Care.

Everyone is not going to like the fact that Bitcoin doesn't perform well during recessionary phases, BUT those phases give the sorts of DIPs that are Golden Opportunities to buy at a DISCOUNT.