Stocks for recession times
Today i read a article in the newspaper about stocks that would perform better in the current conditions. It says in these recessionary times. stocks that have ample funding to get buy already are looking good.So dump all those penny stocks and get some real quality stocks now.
And yes what may those stocks be ??
The report goes on to say , Bhp Billiton , Telstra , Santos , origin energy and wa newspapers ( the west Australian) are having nice fat wallets at the moment when the others are scouring for loose change.
So what do we do , do we go ahead and sink our teeth into these beauties??
If stock picking was so simple then every tom dick and harry would be making a killin!!
Take a moment here !! think !!
where are metal prices heading ? how is that gonna effect Bhp?
what's the future holding for Telecommunication sector??
Will energy still be in big demand in 2 years .. will prices hold ??
Will people stop buying newspapers and magazines ??
Well if you have a fair idea to all these Q , and they have a nice fat wallet to ride out these big waves …. what are you waiting for .. Now's the time to dip into your wallet and make a killing!! who cares about the recession !!
what will the next rate cut be ?