Recession proof investments
Discussion
A significant amount of my savings are in cash at the moment (we're talking around 200k) - I'd like to find some investments where I can drop it in and leave it for 3-5 years minimum that are recession proof and still offering a decent level of return.
Could the resident financial bods please offer some decent advice - obviously this is very general but broad groupings of investment types (even specific recommendations would be great).
Anything that can use the power of compounding over a long period would be especially welcome - even more so if I don't have to actively manage it.
I'm still UK tax resident, not employed for UK purposes and have a small house as an investment. I earn less than 10k per year in the UK.
Could the resident financial bods please offer some decent advice - obviously this is very general but broad groupings of investment types (even specific recommendations would be great).
Anything that can use the power of compounding over a long period would be especially welcome - even more so if I don't have to actively manage it.
I'm still UK tax resident, not employed for UK purposes and have a small house as an investment. I earn less than 10k per year in the UK.
btdk5 said:
Have you thought about looking at structured products? Can be a good choice if you’re worried about volatility.
They won’t compound but they do give you a known or guaranteed bonus. You can get pretty defensive structures providing yields of 6-8% up to aggressive structures giving double digit returns.
would be very interested to hear more about this. They won’t compound but they do give you a known or guaranteed bonus. You can get pretty defensive structures providing yields of 6-8% up to aggressive structures giving double digit returns.
Some really valuable discussion here - I'm also in the camp that believes we are in a different economic paradigm with significantly more money being printed.
As someone who is not thinking over this day and night - I'm looking for a way to invest in a meaningful way for my long term future without losing too much sleep!
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