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Save money by investing in recession proof companies!

Postby MysticMoons » 20 Jul 2022, 00:05

They say we are not in a wide recession with many small business and even crypto dipping. But things are always positive for some companies. Some fast good places are recession proof. You can see that places like McDonald's did well in the covid times. So investing in these kind of companies might smart. I think Wendy's is also doing well no matter how the economy is. Why are these places recession proof? That is because people are more willing to eat fast food, when they are depressed and broke. Especially with those buy one get one free deals ! Or one dollar fries day
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Re: Save money by investing in recession proof companies!

Postby augusta » 23 Jul 2022, 06:21

This made sense though. it is good to invest where the company will not failed even in worse economy. it's not just about fastfood even food companies flourish more during recession.
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Re: Save money by investing in recession proof companies!

Postby Treborika » 24 Jul 2022, 15:04

I would like to invest in the companies that deal with the basic necessities like foods, clothing and hardware products as these kind of business do well even in times of economic instabilities and inflation
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