What are good investments for a "Great Depression"?

simmed

Imagine you lived in 1925 and knew the Great Depression was coming. What would you buy as investments?

Now imagine you live in 2012 (difficult I know) and believe another large scale depression is overdue. What do you buy as investments?

simmed

Ones that I can think of..

- Long term food

- Long term herbs and spices

- Medicine

- Food growing facilities (be it an outdoor farm, a fish tank or small-scale aquaponics.. anything)

Please don't say gold/silver. Like currency, precious metals have no intrinsic value and their value plummets in recession..

shelley_crow

medicine

vitamin supplements

lots of non perishables, toiletries and stuff like toilet roll.

canned food

possibly small supply of tobacco. not necessary for personal use as i don't smoke but might be useful to trade for other goods when times get harder.

Jojo_the_Tightfisted

simmed wrote: »

Imagine you lived in 1925 and knew the Great Depression was coming. What would you buy as investments?

Now imagine you live in 2012 (difficult I know) and believe another large scale depression is overdue. What do you buy as investments?

Companies trading in;

Alcohol.

Tobacco.

Weapons.


Poverty always results in increased addiction and eventually some intercountry punch up or another.

ljonski

Gold always goes up in times of depression

simmed

ljonski wrote: »

Gold always goes up in times of depression

"Goes up"? Methinks you should be more careful on topics of price, inflation, and value.

Butterfly_Brain

Canned and dried foods
Seeds, fruit trees and bushes
Medicine
Vitamins
Day to day stuff such as toilet rolls, washing powder etc (All big outlays on a meagre budget)
Wood burning stove with back boiler
Alcohol
Try to pay off the mortgage, if you can.
And last but not least CHOCOLATE!

ljonski

heres something for you butterfly brain whilst munching on your chocolate.
http://en.wikipedia.org/wiki/Gold_as_an_investment

simmed

ljonski wrote: »

heres something for you butterfly brain whilst munching on your chocolate.
http://en.wikipedia.org/wiki/Gold_as_an_investment

Gold isn't an investment for recession, just a hedge.

That is to say.. its value will go down, just like currency, but less so.

Butterfly_Brain

ljonski wrote: »

heres something for you butterfly brain whilst munching on your chocolate.
http://en.wikipedia.org/wiki/Gold_as_an_investment

Oh if only I had the spare cash, but alas I am struggling like many others on this board

[Deleted User]

tinned and dried goods and non-perishables.I have just done the last of my food shopping ,hopefully for this year and my cupboards and fridge freezer is bursting at the seams Only becauses I hate shopping at this time of the year and would rather put my feet up and have a read or knit than be pushed and shoved in crowded shops.I am hoping that all I need to get between now and New Year is fresh F&V and maybe some milk which I can buy from the local farm shop so supermarkets are off the menu for me for at least 4-5 weeks(I am away over Christmas and New Year)