5 investment strategies during a recession, according to ChatGPT #shorts #techcrunch

I asked ChatGPT what are investing strategies during a recession?

These are 5 things it told me:

First: Diversification
You should diversify with different assets such as stocks, bonds, and commodities to reduce risk.

Second: Defensive stocks
These are companies in healthcare, utilities, and consumer staples that provide essential goods and services that are needed during these hard times.

Third: Value stocks
Companies with strong fundamentals such as high cash reserves and low debt levels, which helps them weather economic downturns.

Fourth: Bonds
Issued by the government or corporation and can provide a stable source of income, safer than stocks.

Fifth: Real estate
Tangible assets that can provide cash flow through rental income with positive long-term prospects.

It ended with a disclaimer that the "past performance of an investment is not indicative of future performance and that investing always carries risk."

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