RE: Recession12 May 2022 21:43
Good question for me. I have always tried to buy shares in companies that would benefit from the economic times.
I have failed consistantly - and a Mr. Buffett, i only read yesterday had something to say which rings true for me (!).
Apparantly its best not to try to predict the economy, int rates etc. Just try to pick stocks which are making money, have good management have a product/s in demand and ok margins. I'm going to try this for now on. IAG seems alright and will be better when staffing is sorted, maybe next year-ish. We'll see. Nothing to lose following Warren Buffetts advice- i might even break even after all. GL