Recession Proof Investment

Recession Proof Investment
In the last article we searched for a recession proof industry. I don’t know if we found one. I do know of a recession proof investment. As much as I love real estate as an investment vehicle, that even seems a little scary right now. Government bonds are fine if you don’t consider currency risk. Precious metals seem to be overpriced to me. If the economy gets better (surely it will someday), they will lose value.
Perhaps the best investment right now is to invest time and money in education. If one is careful what type of education one gets this should be a truly lasting asset with continuing high returns. The biggest challenge today would be to find a field of study that will not become obsolete. Any knowledge gained enriches ones enjoyment of life. Most of us now are looking for something to enrich our financial conditions. For me that points to real estate education.
There are many great designation programs available. Many people don’t feel prosperous enough to travel and take an expensive class. Maybe buying a book will help. It only counts if you read it. Also, one can do research into a subject online. Many of us have time and no money right now. Choosing a subject and researching it online is an excellent way to invest what is plentiful (time) and preserve what is scarce (money).
David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com