What are the best investments during an economic depression?

Question

Not to be all doom and gloom, but in my opinion, the writing is on the wall regarding the economy, the real estate and financial markets, and I am extremely worried about the future. So what are the best investments during serious recessions or even depressions or hyperinflation? I'm not simply talking about securing/holding onto current value, but to take advantage of the situation.

I.e., what were the best investments during the Great Depression? Gold? Other precious metals/natural resources?

Answer 1

According to Mary Kay Ash, makeup sales went up in the Depression due to an increase in prostitution.

I think gold would be a safe assett.

Answer 2

The best Investments in a depression are much different to ones in hyperinflation. A correction in Real Estate or Financial Markets will hardly equal a world depression.

But to answer your question basically for Depression you want high quality guaranteed government long term bonds and for hyperinflation you would turn to precious metals

Answer 3

When things seem the worst, that is the best time for investing. They are not making any more land (except in Hawaii), so investing in real estate is a good thing, as long as you can pay the taxes while you are waiting for things to recover.

People that invested in the orange groves around Los Angles in The Great Depression became very rich in the years that followed.

Answer 4

Because ample time has handed that a few Conservatives consider they may be able to escape with a few well ancient revisionist historical past. WWII bought us out of the Great Depression? Try once more. WWII created the indispensable stipulations, however what bought us out of the Depression was once it appears an totally top tax price and improved executive spending. Sure, the ones matters had been for the warfare attempt (BUY WAR BONDS posters usually helped too), however with no trouble announcing "WWII ended the Great Depression" skips a couple of steps. They did occur in series although, so it may be misleading if you happen to did not pay attention in top university. So the argument at present is going, "FDR did not finish the Great Depression, WWII did." Which is foolish, on the grounds that FDR was once the President for the period of WWII. He was once president for the complete Depression after which a few, however we are meant to consider that he had not anything to do with finishing it. So who did, then? Should we thank Hitler for saving our financial system by means of invading Poland? We could not have had WWII with out him, you recognize.

Answer 5

Gold is the standard hedge against inflation, and down markets usually happen at the same time. The reality is that gold itself never truly changes in value, it is the constant... all other currency or specie changes value around the constant of gold.

Best example I can give is this: One ounce of gold will buy a man a good suite of clothes. This does not mean the finest clothing there is, but what is considered good. This valuation has held true for centuries.

Answer 6

any decision is not a rule .but the only exception to this rule that I can think of . in foreign investment . its the best business .i meant out of the country

Answer 7

Altria.