The Ultimate Money Guide for Bubbles, Busts, Recession, and Depression

Chapter 11. ALL-WEATHER INVESTMENTS FOR THE BEST AND THE WORST OF TIMES

If you have followed the instructions I've outlined so far, you are now ready for almost any crisis.

You have completed your primary mission: to cut your losses in real estate, sidestep the continuing dangers in stocks and bonds, escape a potential banking crisis, build a nice nest egg of cash, and put the cash away in the safest possible place. But just to make sure, let's run through this quick checklist:

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If the bust, recession, or depression are accompanied by falling prices, a very possible scenario, you can survive even in the worst of times. You can sit with your cash and let the crisis play itself out, without investing, without buying a thing.

Later when the crisis exhausts itself and markets hit bottom, you should also be able to buy more of the things you've always wanted, including a better education for your children, a nicer home, more shares in your favorite companies. By doing nothing, even earning close to ...