What are the most recession-proof investments?
Examples of recession-proof assets include gold, US Treasury bonds, and cash, while examples of recession-proof industries are alcohol and utilities. The term is a relative one since an extended recession can cause a dent in returns even for the most recession-proof assets or businesses.
How do I recession-proof my portfolio?
Diversify or Re-Allocate Your Holdings
If you are invested in only stocks, you can diversify by looking at different industries, company sizes, different ratios, etc. This can also mean splitting your portfolio between cash, stocks, bonds, real estate, and so on. We recommend talking with a trusted financial advisor.
Is it smart to buy a rental property during a recession?
Best Real Estate Investments for a Recession
Buying a rental property might be an obvious choice. As long as you’re able to keep tenants, renting out property can generate income through a recession. There are different types of rental properties you might consider, including: Single-family homes.