Recession Proof Stocks
Recession Proof Stocks
Echoes of Black Monday: Why Recession Proofing Your Life is a Necessity!
History has a habit of repeating itself. On Monday the 19th October 1987 Stock markets around the world crashed culminating in huge losses. The crises began in Honk Kong, then rippled through one time zone after another in one 24 hour period. This was remembered as the largest one day percentage loss in stock market history. The New York stock market was in chaos billions were wiped of shares overnight and the American economy went into decline, like a virus in motion major economies were effected. This event gave birth to what is now known as Black Monday.
In our day in our day following the ripple effect of the sub-prime mortgage crises which emanated from America in Britain The Chamber of Commerce predicts a gloomy forecast for the British economy. Interests rates have been cut again and again in an attempt to stave off an economic recession, some would say depression. With unemployment on the rise and the increase of fuel bills British families are and will be for the foreseeable future struggling to make ends meet. Similar reports are being heralded from across the Atlantic
In America warning are being hailed highlighting headwinds more devastating that those seen in the recession of the 1990’s. Noticeably consumers on both sides of the Atlantic have curbed their spending within the field of entertainment focusing on life’s necessities
In France The OECD (The Organisation for Economic Cooperation and Development) have forecast that the British economy will continue to shrink. The British Chancellor has been quoted as saying that Britain is facing “the worst economic conditions for sixty years”. The OECD have in addition forecasted
that the economy’s of France, Germany and Italy will see little growth
But is this uncertain future all gloom and doom? As humans when our faith in those with whom we trust is shattered and those who rely on us for care and protection are in peril we have but two options. We can either give in and give up or we take fate into our own hands, muster up courage and fight to protect what’s ours.
Historically entrepreneurialism in its various forms is an option we face through necessity. Whether it be setting up an ironing service, an upmarket meals on wheels, or consultancy in a niche market where we have untold experience.
Unemployment means we have to explore our options with the excess time we have available along with our skills, expertise and commitments. Starting a business from home is not only a viable but practical option as a means of recession proofing our lives in the face of oncoming adversity. By honing our skills we need not fear the aftermath or the fallout of a stock market crash or sub -prime mortgage crises or echoes of Black Monday.
Forex Market is Recession Proof – Always Something Going Up!
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Crash Proof 2.0: How to Profit From the Economic Collapse $7.10 A fully updated follow-up to Peter Schiff’s bestselling financial survival guide-Crash Proof, which described the economy as a house of cards on the verge of collapse, with over 80 pages of new materialThe economic and monetary disaster which seasoned prognosticator Peter Schiff predicted is no longer hypothetical-it is here today. And nobody understands what to do in this situation better than th… |
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Investing in Vice: The Recession-Proof Portfolio of Booze, Bets, Bombs & Butts $1.89 Stocks markets go up and down, but no matter what the economy is doing, people worldwide continue to drink, smoke, gamble, and fight. Why not invest in vice?Vice Fund Manager, Dan Ahrens focuses on “sin stocks”- tobacco, alcohol, adult entertainment, gambling, and aerospace/defense, contending that even during an abysmal economy, people will continue to indulge in these goods and services.In Inves… |
