Although it’s popular to believe you can’t make money in the stock market during a recession, the truth is there are plenty of areas to invest in that could prove to be very profitable.
The last bear market was really bad, but there were lots of healthcare stocks that did well, and carried stock portfolios along the way. From looking at past recessions, its pretty clear that the average decline in the market is between 20-25%. As you know, we hit that last month. The market hit a bottom last Thursday, and so far that bottom has held. OK, we’re there.
What to do now? I think our healthcare stocks will provide us with growth and safety, and do well if the market performs or not.
