Which Stocks Will be Hit Hardest During Recession
An brief overview of what stocks will have a tendency to fall the greatest amount in the future.
First of all, we all need to face the facts that a recession or even a depression is almost unavoidable. What we can do is sell stocks that will probably fall during it, and buy the few stocks that will rise. Here is a list of my recommended investing.
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Computer Industry
No matter how hard the economy is hit people will almost always be buying new and better computers. There are two paths to follow on this: the software producers and the actual computer manufacturers. I would strongly recommend going with Apple simply because they produce their software and own computers. If your looking for something cheaper, go with Microsoft, but it does have a lower rate of making more money.
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Car Industry
Investing in this right now is a death sentence. The very last thing a recession-hit family wants to do is buy a new $30,000 car. This is said for engine makers too, without the car companies buying parts, they will probably go out of business(fast!).
So there you have it the ones you should buy, and one you should definitely avoid.
1 Comment
Really?
A car is a necessary for most families in the country. The fact you are in a recession is meaningless if your other car dies and it’s a necessity. You’ll buy one somewhere.
Stock to buy is FREDDIE and FANNIE. Odrama won’t let them go under they provide housing for too many minorities that haven’t been as fortunate in home buying historically. They will be backed up, and they are .50 a share now.
What not to buy? Furniture stocks. THAT’s an unnecessary convenience. Jewelry, especially retail… avoid…