As we look ahead to 2024, uncertainty still looms over the global economy. With geopolitical tensions, rising inflation, and the lingering effects of the pandemic, it’s no surprise that many investors are feeling anxious about the future. However, despite the challenging economic environment, there are still opportunities to invest smartly and build a recession-proof portfolio.
Here are some key investment strategies to consider for 2024:
Diversification is key: In times of economic uncertainty, it’s important to spread your investments across a range of asset classes. This helps to mitigate risk and ensure that your portfolio isn’t overly exposed to any one sector or market. Consider allocating your investments across stocks, bonds, real estate, and commodities to achieve a balanced and diversified portfolio.
Focus on quality: When selecting individual stocks, prioritize companies with strong fundamentals and a track record of stable earnings and growth. Look for companies with sustainable business models, competitive advantages, and solid financials. These “quality” stocks are often more resilient during economic downturns and tend to outperform their peers.
Consider defensive sectors: Certain sectors tend to perform better during recessions and economic downturns. Healthcare, consumer staples, and utilities are examples of defensive sectors that have historically demonstrated stability during tough times. Investing in these sectors can provide a hedge against economic uncertainty and help to protect your portfolio from market fluctuations.
Keep an eye on dividends: Dividend-paying stocks can be valuable additions to a recession-proof portfolio. By investing in companies that pay out regular dividends, you can generate a steady stream of income regardless of market conditions. Look for companies with a history of consistently paying and growing their dividends, as these are often indicative of strong and stable businesses.
Explore alternative investments: In addition to traditional stocks and bonds, consider diversifying your portfolio with alternative investments such as real estate, precious metals, and alternative assets like cryptocurrencies. These investments can provide additional sources of income and help to further protect your portfolio from market volatility.
Stay vigilant and flexible: The economic landscape is constantly evolving, so it’s important to stay informed and adapt your investment strategy accordingly. Keep an eye on market trends, economic indicators, and geopolitical developments to make informed decisions about your investments. Being flexible and able to adjust your portfolio as needed can help you navigate the ever-changing market conditions.
Ultimately, building a recession-proof investment plan for 2024 requires a thoughtful and diversified approach. By focusing on quality, diversification, and defensive sectors, and staying adaptable to market conditions, investors can position themselves for success and resilience in the face of economic challenges. While there are no guarantees in the world of investing, a careful and well-planned approach can help to provide a measure of confidence and security in uncertain times.
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FFR cuts cause recessions? Or is it the FED doing "quantitative easing" (printing money and lowering interest rates) BECAUSE a recession is ALREADY occuring? I think the latter is true and the former is bogus. And what about the fact that (according to his chart at 18:52) before all the recessions, the FFR has been raised? Can't one just as easily argue that raising the rates is what caused the recession, with a lag effect? God it's impossible to find the truth.
In 2024, Don't set new year financial goals without consulting a financial adviser. Their expertise ensures a solid plan for success. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments.
You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller
great info! thank you.
During recessions, assets often undervalue. By investing wisely in stocks, real estate, or businesses during this downturn, you position yourself for significant returns during the economic recovery.
In 2024, Don't set new year financial goals without consulting a financial adviser. Their expertise ensures a solid plan for success. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments.
Personally, I think investors will start to seek more market diversification. can i confidently invest about $350k into the financial markets in 2024? I'm still not sure how rates will effect the market just yet, which worries me a lot.
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George I'd like to point out that during that heinous inversion in the 1980s, from 1982 to 1987 we had one of the greatest bull markets in the history of the S&P. Fed funds volatility and all. The cut into 1982 ignited that massive rally, despite your graph showing multiple recessionary periods throughout that decade.
Albermale $ALB is a lithium play I like. Not invested yet
Best investment plan is start young with a global index fund with an annual average 8-9% return.
ITS ALL BOT SCAM COMMENTS
Forget all the political propangda you see on the news to blind fold you from reality, United state economy will fall woefully this year.
GEORGE ITS TIME TO BUY!!!!!! LOAD THE BOAT "!!!!! Bad advice to sell RIGHT NOW!!! BUY BUYY BUYB GBUY NOW IS TIME TO BUY BUY BUY N GEORGE IS WRTONG MARK MY WORDS WE ARE BUYING
Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ….. Thanks to Mylah Evander the lady you recommended…..
Doesnt this mean if you bought gold which is easy to follow and has no inflation guessing at apparent lows then you would be beating the market forever
Thank you George you are amazing again
Gold is the best if you buy just before recession.
Thanks for the tip on BMR
In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $800k in value.
With all the possible ways to show the chart you choose to draw it…
Global coal consumption has dipped from all-time highs, twice, and the forecast is for usage to plateau and then gradually fall off, as even emerging markets start to realize that energy production is cheaper using other alternatives. The reason the price of lithium dropped precipitiously is because of the advent of the sodium ion battery, which will take the place of lithium in many use cases. Another wrinkle you are either ignoring, or are simply ignorant of, is how lithium iron-phosphate has replaced lithium nickel manganese cobalt oxide (NMC) in many applications. This means the demand for lithium will be diminished by sodium ion batteries, and the demand for NMC will drop even further, as newer chemistries are adopted for various socioeconomic reasons.
As the year comes to an end, my portfolio saw only a 10% return in 2023, unlike the significant gains others experienced. Going forward, I'm exploring ways to rejuvenate my $300k portfolio to optimize its position during the ongoing bull run.
Where i found the money to start buying real state? Thank you
Top video, from France, As the us stocks continue to climb i just waiting to short, time will come
All these Financial "planners" masquerading as consumers. "What will I do with my 500k? My 640k? My 400k inheritance?? Please help me!" …"Oh…well, let me tell you who I use…" lol
Ok, back to the subject. Our govt is forcing us to use LESS coal and Less oil. And we are using less because of it. The US oil useage is down to 2017 levels today…6 years later. Because GOVT decided so.
Remember, the 2020 economic disaster wasn't a function of demand and supply. It was a function of govt throttling the economy and shutting it down.
So, demand is irrelevant. Govt controls are the deciding factor.
And govts are NOT about creating booming, energy dependent economies. They are about the exact opposite. They don't want thriving independent entrepreneurs giving them crap and basically competing with them and demanding things. Controlling them takes work and they are, almost by definition…independent and hard to control. Controlling sheep is much easier and takes a LOT less work. So, regardless of Demand and supply…they want to downsize it all. To more controllable levels. The old USSR is their ideal.
So, what is valuable in economies being throttled and downsized? Abandoned Malls? Liquor and Marijuana stores? Remember, during the USSR days, they couldn't provide enough bread…but, there was always Vodka available. In the US today, Marijuana legalization is a nice alternative to the Vodka of the old USSR. Legalizing Marijuana is celebrated almost everywhere. Almost like the people are saying "This is our numbing/escapist drug of choice!! Give us Pot, and you can do what you will."
A marijuana store with a donut shop attached should do quite well methinks. But, that would be the obvious choice, right? What will be ignored? Well, at that point it doesn't matter. Govt will tell you what you can and cannot do. They'll dig the pot stores. Almost like giving out free needles. What will govt ignore? Not much…;)
Why you not selling futures
g0ld, g0ld, g0ld
yield,yield, yield
ip0n n p0 kay0….
aarangkada p0 yan bukas……
You could dollar cost average your way into lithium, George
Maybe yes Maybe not what certainly is maybe