I'm a 30 yr old guy and don't have that much investment till date. Can anyone suggest all type of investments in India which are recession proof? Im really unaware about all these investment things. Help appreciated!
closed as primarily opinion-based by Pete B., Chris W. Rea, JoeTaxpayer♦ Feb 7 '17 at 13:39
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Can anyone suggest all type of investments in India which are recession proof?
There are no fool proof investments. The only fool proof way is to mitigate risks. Have a diversified portfolio that has Debt [Fixed Deposits, Bonds] and equity [Stocks], Bullion [Gold], etc. And stay invested for long as the effects tend to cancel out in the long run.
I don't think there is a recession proof investment.Every investment is bound to their ups and downs.
If you buy land, a change in law can change the whole situation it may become worthless, same applies for home as well.
Gold - dependent on world economy.
Stock - dependent on world economy
Best way is to stay ever vigilant of world around you and keep shuffling from one investment to another balance out your portfolio.
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