Top 5 Recession Investments Milwaukee WI

With the U.S. market teetering on the edge of recession, investors may want to re-evaluate their investment strategies to cover themselves in case the potential recession becomes reality. Accounting for recession can require some adjustment of financial plans. To that end, NuWire has compiled a list of the top five recession investments.

1. Precious metals

Precious metals, such as gold, silver and platinum, are a tried and true investment for those looking to get out of the stock market. Many currencies were tied to precious metals in the past, which solidified their place as a currency hedge. Gold, silver and platinum, while they correlate somewhat to each other and the stock market, do not correlate absolutely, which makes ownership of each precious metal a good diversification option.

Demand for silver for industrial use continues to keep the price of the metal strong The growing demand for silver from the industrial sector has been helping edge up the metal’s price. Platinum, with its extremely limited supply and steady demand from the automobile sector, has also seen dramatic increases lately.

Gold has also been on the rise in recent months as many investors are beginning to fear inflationary pressure and financial turmoil in the markets.

“Gold has served as a universal monetary substance in all civilizations because gold is one of the few common values that has united mankind throughout the millennia, transcending race, religion and geography—significant in light of today's emerging global economy,” Craig R. Smith, CEO of Swiss America and author of Rediscovering Gold and Black Gold Stranglehold, said.

Investors should be aware that all precious metals are volatile investments, subject to market swings based on small events such as a single large seller getting out of the market, mining strikes in developing countries—particularly with platinum—or other nuances that may affect supply. Still, precious metals remain an excellent tool for portfolio diversification and a currency hedge.

Investors interested in precious metals have a number of ways to invest, including physical precious metals, mining stocks, precious metals CDs, exchange-traded funds and futures or derivatives. Not all of these investment avenues are available for each precious metal. For more information about investing in precious metals, please see The Gold Standard , A Silver Lining in an Unstable Market , Platinum: A Metal Investment Fit for a King and Investing in Gold and Silver CDs .

2. Timber

Timber is a solid commodity with steady demand that does well during stock market declines because it is not correlated to the market. Its returns reliably outperform the market, and its value increases over time, even without investor input.

Adam Nash, a timber investor, said owning and harvesting timberland is essentially a classic fixed-income investment. The land acts like principal, he said, and the tim...

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