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Trying to profit during a recession can be a tricky task, as economic downturns can be unpredictable and often result in financial difficulties for many people. However, here are three ways that some investors or entrepreneurs may attempt to profit from a recession:Invest in defensive stocks: Defensive stocks are companies that provide products or services that are in demand regardless of the economic climate, such as healthcare, utilities, or consumer staples. These companies may be less affected by a recession, and therefore their stocks may be more stable and less volatile than other stocks. Investing in these companies can potentially provide some protection against market downturns.Purchase distressed assets: During a recession, some assets, such as real estate or stocks, may become undervalued as people sell off their investments to generate cash. Investing in these distressed assets with the expectation of their value increasing over time can potentially result in a profit in the long run.Short selling: This strategy involves borrowing shares of a stock and selling them with the expectation that the stock price will decrease, allowing the investor to buy back the shares at a lower price and profit from the difference. Short selling is a risky strategy that requires significant skill and knowledge, and is generally not recommended for inexperienced investors.Investing in gold or other precious metals.Real Assets: During a recession, investors may flock to safe-haven assets like gold, which can potentially increase in value, and maintain value over long periods of time while other assets depreciate.Start a recession-resistant business: Some businesses, such as healthcare, education, or essential services like plumbing or HVAC, may be less affected by a recession than others. Starting a business in these industries can potentially provide some insulation against the economic downturn, and can even thrive during a recession as people prioritize spending on these essential goods and services.There are some businesses that may be more recession-resistant than others. Here are a few examples of businesses that could potentially thrive during a recession:Discount Retailers: During a recession, consumers may be more likely to cut back on non-essential spending and seek out deals and bargains. Discount retailers like Dollar Tree or Aldi, which offer low-cost products, may see increased demand during a recession. During the Great Recession, discount retailers like Dollar Tree, Dollar General, and Aldi saw significant growth, with Dollar Tree’s revenue increasing by 51% from 2007 to 2009.Repair Services: During a recession, people may be more likely to try to repair or maintain their existing belongings, rather than purchase new ones. Starting a business that provides repair services, such as appliance, computer, or automotive repair, could potentially do well during a these times. During the Financial Crisis, many automotive repair businesses saw increased demand, with some reporting growth of 10% to 15%.Healthcare Services: People’s healthcare needs do not disappear during a recession, and may even increase as people experience higher levels of stress or illness. Starting a healthcare-related business, could potentially be a recession-resistant option. During the 2001 recession, healthcare services remained a growing industry, with healthcare job growth outpacing overall job growth.TOPICS AND TIMESTAMPS:Recession 0:00Businesses 1:31—————————————————————————————————💵 HOW TO MAKE MONEY ON AMAZON: 💵👉 http://TheAmazonGPS.com 👈—————————————————————————————————LOOK THROUGH MY BOOKS! http://books.themoneygps.comMY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULUSUPPORT MY WORK: https://www.patreon.com/themoneygpsPAYPAL: https://goo.gl/L6VQg9—————————————————————————————————Buy GOLD and SILVER from Miles Franklin:Call 1-888-81-LIBERTY (Tell them The Money GPS sent you)—————————————————————————————————Sources Used in This Video:http://bit.ly/TheMoneyGPSSources2023—————————————————————————————————The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.#recession #financialcrisis #business #jobs #economy #finance #stocks #investing #debt #usa #worldnews #crisis #worldeconomy #moneymindset