Wall Street is very nervous that our economy is pulling in to a recession. Mr. Buffett has basic rules as to what to put your money in during a recession.
Stocks that people will always buy the products of are his favorites. These include gambling stocks, beer and alcoholic beverages stocks, home care stocks, and basic food stocks.
A very intriguing gaming stock is GCA. Beer stock is BUD, food products stock is KFT, and Home care stock is JNJ.
Over the recession in the early 00's the general market was down over 60% when the gaming and beer industries more then doubled!
Invest in stocks that people will always buy products of at the same type of rate. No matter if there is a recession or if there is no recession.
Saturday, March 1, 2008
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