Top Alt Strategies For A Recession (2024)

More From Forbes

Navigating Generational Differences in Family Enterprises: Insights from Deloitte’s 2024 Family Enterprise Survey","scope":{"topStory":{"index":1,"title":"Navigating Generational Differences in Family Enterprises: Insights from Deloitte’s 2024 Family Enterprise Survey","image":"https://specials-images.forbesimg.com/imageserve/604bba71e399186a92b701dd/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 24, 2024","hourMinute":"10:58","amPm":"am","isEDT":true,"unformattedDate":1716562735741},"uri":"https://www.forbes.com/sites/matthewerskine/2024/05/24/navigating-generational-differences-in-family-enterprises-insights-from-deloittes-2024-family-enterprise-survey/"}},"id":"89b4b1orim1k00"},{"textContent":"

4 Years After George Floyd, Giving To Racial Equity Faces Challenges","scope":{"topStory":{"index":2,"title":"4 Years After George Floyd, Giving To Racial Equity Faces Challenges","image":"https://specials-images.forbesimg.com/imageserve/664ed2cfb675dbbf3fc56962/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 24, 2024","hourMinute":"07:00","amPm":"am","isEDT":true,"unformattedDate":1716548400000},"uri":"https://www.forbes.com/sites/davidbowermaster/2024/05/24/4-years-after-george-floyd-racial-equity-giving-faces-challenges/"}},"id":"9qnhr34jnpog00"},{"textContent":"

Connecting The Dots","scope":{"topStory":{"index":3,"title":"Connecting The Dots","image":"https://specials-images.forbesimg.com/imageserve/664f50622a343e5d35c7b5fe/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 23, 2024","hourMinute":"10:25","amPm":"am","isEDT":true,"unformattedDate":1716474306097},"uri":"https://www.forbes.com/sites/seanhanlon-1/2024/05/23/connecting-the-dots/"}},"id":"4eeg3bemqnlk00"},{"textContent":"

Higher Interest Rates, Inflation And Your Retirement","scope":{"topStory":{"index":4,"title":"Higher Interest Rates, Inflation And Your Retirement","image":"https://specials-images.forbesimg.com/imageserve/663297317f9dacf416e8257a/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 23, 2024","hourMinute":"05:45","amPm":"am","isEDT":true,"unformattedDate":1716457500000},"uri":"https://www.forbes.com/sites/andrewrosen/2024/05/23/higher-interest-rates-inflation-and-your-retirement/"}},"id":"7clj7acelgd400"},{"textContent":"

The Secret To Family Meetings For Wealthy Enterprise Families","scope":{"topStory":{"index":5,"title":"The Secret To Family Meetings For Wealthy Enterprise Families","image":"https://specials-images.forbesimg.com/imageserve/664cbf68193a7fc3b6b5fa44/290x0.jpg?cropX1=0&cropX2=2702&cropY1=134&cropY2=1654","isHappeningNowArticle":false,"date":{"monthDayYear":"May 22, 2024","hourMinute":"11:53","amPm":"am","isEDT":true,"unformattedDate":1716393238402},"uri":"https://www.forbes.com/sites/andybusser/2024/05/22/the-secret-to-family-meetings-for-wealthy-enterprise-families/"}},"id":"fa214ib0854g00"},{"textContent":"

Is Real Estate Still A Safe Investment? Tips For Today's Market","scope":{"topStory":{"index":6,"title":"Is Real Estate Still A Safe Investment? Tips For Today's Market","image":"https://specials-images.forbesimg.com/imageserve/664b4e5260c9081aaf45c1b3/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 21, 2024","hourMinute":"09:19","amPm":"am","isEDT":true,"unformattedDate":1716297540000},"uri":"https://www.forbes.com/sites/fredhubler/2024/05/21/is-real-estate-still-a-safe-investment-tips-for-todays-market/"}},"id":"f6p7nh3ckfh400"},{"textContent":"

What To Expect Now That The S&P 500 Passed 5,000","scope":{"topStory":{"index":7,"title":"What To Expect Now That The S&P 500 Passed 5,000","image":"https://specials-images.forbesimg.com/imageserve/664b6265ac3a30bb785c473d/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 21, 2024","hourMinute":"07:15","amPm":"am","isEDT":true,"unformattedDate":1716290100000},"uri":"https://www.forbes.com/sites/davidmarotta/2024/05/21/what-to-expect-now-that-the-sp-500-passed-5000/"}},"id":"7bo20ihkfoco00"},{"textContent":"

Why Have Stocks Soared Since The April Lows?","scope":{"topStory":{"index":8,"title":"Why Have Stocks Soared Since The April Lows?","image":"https://specials-images.forbesimg.com/imageserve/6648c405a46e8b2362c0d8b7/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 19, 2024","hourMinute":"07:00","amPm":"am","isEDT":true,"unformattedDate":1716116400000},"uri":"https://www.forbes.com/sites/bill_stone/2024/05/19/why-have-stocks-soared-since-the-april-lows/"}},"id":"6c5hhfom908g00"}],"breakpoints":[{"breakpoint":"@media all and (max-width: 767px)","config":{"enabled":false}},{"breakpoint":"@media all and (max-width: 768px)","config":{"inView":2,"slidesToScroll":1}},{"breakpoint":"@media all and (min-width: 1681px)","config":{"inView":6}}]};

Top Alt Strategies For A Recession (2024)

FAQs

Top Alt Strategies For A Recession? ›

Where to put money during a recession. Putting money in savings accounts, money market accounts, and CDs keeps your money safe in an FDIC-insured bank account (or NCUA-insured credit union account). Alternatively, invest in the stock market with a broker.

What is the best asset to hold during a recession? ›

Still, here are seven types of investments that could position your portfolio for resilience if recession is on your mind:
  • Defensive sector stocks and funds.
  • Dividend-paying large-cap stocks.
  • Government bonds and top-rated corporate bonds.
  • Treasury bonds.
  • Gold.
  • Real estate.
  • Cash and cash equivalents.
Nov 30, 2023

Where is the safest place to put money in a recession? ›

Where to put money during a recession. Putting money in savings accounts, money market accounts, and CDs keeps your money safe in an FDIC-insured bank account (or NCUA-insured credit union account). Alternatively, invest in the stock market with a broker.

How can I make a lot of money in a recession? ›

What businesses are profitable in a recession? Many investors turn to stocks in companies that sell consumer staples like health care, food and beverages, and personal hygiene products. These businesses typically remain profitable during recessions and their share prices tend to better resist stock market sell-offs.

What are the best recession trades? ›

The best recession stocks include consumer staples, utilities and healthcare companies, all of which produce goods and services that consumers can't do without, no matter how bad the economy gets.

What gets cheaper during a recession? ›

Because a decline in disposable income affects prices, the prices of essentials, such as food and utilities, often stay the same. In contrast, things considered to be wants instead of needs, such as travel and entertainment, may be more likely to get cheaper.

Who makes money during a recession? ›

Companies in the business of providing tools and materials for home improvement, maintenance, and repair projects are likely to see stable or even increasing demand during a recession. So do many appliance repair service people. New home builders, though, do not get in on the action.

How are millionaires made in a recession? ›

The most important part of building wealth during a recession is investing as much as possible in the stock market. Take steps to ensure you'll have stable income, like starting a side hustle or working on your skills.

What not to do in a recession? ›

What Are the Biggest Risks to Avoid During a Recession? Many types of financial risks are heightened in a recession. This means that you're better off avoiding some risks that you might take in better economic times—such as co-signing a loan, taking out an adjustable-rate mortgage (ARM), or taking on new debt.

Is it better to have cash or property in a recession? ›

Cash. Cash is an important asset when it comes to a recession. After all, if you do end up in a situation where you need to pull from your assets, it helps to have a dedicated emergency fund to fall back on, especially if you experience a layoff.

What sells the most in a recession? ›

Toothpaste, deodorant, shampoo, toilet paper, and other grooming and personal care items are always in demand. Offering these types of items can position your business as a vital resource for consumers during tough times. People want to look good, even when times are tough.

What jobs get cut first in a recession? ›

Recessions cause people to lose jobs in lots of different industries. During the Great Recession, the unemployment rate hit 10%. Construction and manufacturing often have to cut back on jobs more than other industries, but tech companies can also get hit by layoffs.

What is the most recession-proof industry? ›

Historically, the industries considered to be the most defensive and better placed to fare reasonably during recessions are utilities, health care, and consumer staples.

How much cash should you hold in a recession? ›

Finance Experts All Say the Same Thing

They all said the same thing: You need three to six months' worth of living expenses in an easily accessible savings account. The exact amount of cash needed depends on one's income tier and cost of living.

Where does money go during a recession? ›

During recessions, one of the primary culprits responsible for money vanishing into thin air is the collapse of banks. As financial institutions crumble under the weight of bad loans and dwindling assets, they often go belly up, taking the money entrusted to them along for the ride.

What is a recession-proof investment? ›

“Recession proof” is a term used to describe an asset, company, industry, or other entity that is believed to be economically resistant to the effects of a recession. Recession-proof stocks are added to investment portfolios to safeguard them against times of economic decline, which may be the onset of a recession.

Top Articles
Latest Posts
Article information

Author: Edmund Hettinger DC

Last Updated:

Views: 5660

Rating: 4.8 / 5 (58 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Edmund Hettinger DC

Birthday: 1994-08-17

Address: 2033 Gerhold Pine, Port Jocelyn, VA 12101-5654

Phone: +8524399971620

Job: Central Manufacturing Supervisor

Hobby: Jogging, Metalworking, Tai chi, Shopping, Puzzles, Rock climbing, Crocheting

Introduction: My name is Edmund Hettinger DC, I am a adventurous, colorful, gifted, determined, precious, open, colorful person who loves writing and wants to share my knowledge and understanding with you.