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How do you cope with the rising recession risk?
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Recession Proof

Historically, gold and real estate have a reputation as good inflation hedges. One good option for investing in gold is to buy it through an ETF, so you won’t have to actually own and protect the gold yourself. However, prices of these assets are already high and anyone looking to get in now is already rather late.
Investing into good companies for the long run is a feasible idea as long as you are not in for quick profits. Look for companies with little to no debt, which are growing fast. as a company’s profits grow over time, its stock price should climb. While the stock market might get hit by worries of inflation, the best companies power through it with their better economics.
Cash is often overlooked as an inflation hedge, so try to have some dough in the bank for safety.
Also, invest in yourself and learn new skills for the future. Ensure that you will not be irrelevant in the years to come and take up extra courses in technology and fintech. Find time to start and grow your side hustles, as having more income also helps with managing inflation.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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