5 Things to Invest in When a Recession HitsIt’s in the nature of stock markets to go way down from time to time. There’s no system to avoid bad markets. You can’t do it unless you try to time the market, which is a seriously dumb thing to do. Conservative investing with steady savings without expecting miracles is the way to go.— Charlie Munger
I do not recommend stocks because the economy is strong, corporate earnings are up, taxes are down, the market is in an uptrend or Donald Trump is in the White House.
I recommend stocks because more than two centuries of financial history demonstrate that a diversified portfolio of common stocks – or, better yet, uncommonly good stocks – is the best way to grow your wealth and protect it from the ravages of inflation.” – Alexander Green
“If you buy quality, asset allocate properly, diversify broadly, reduce your investment costs and minimize Uncle Sam’s tax bite, you’ll do just fine.” – Alexander Green