Given the impending recession, what industry/sector should I invest in? or should i just keep my money and not invest?

Hello!

I think some areas to consider invsting in during a recession would be to invest in core sector stocks, core sectors are usually sectors whereby people will still spend their money on during a recession. Such sectors include healthcare, utilities and consumer goods sectors.

Another area of investment that you can look into would be precious metals such as gold or silver as they tend to perform better during market slowdowns.

My understanding is a bit different. I'm not sure why you think there is an impending recession - if it is related to US yield curve inversion, its a pretty big bet to invest based on that assumption. But lets say you do know the future and a recession is coming.

Think of what happens in a recession, and think about your objective during the recession. While the exact strategy would also depend on the nature of the recession (is it runaway inflation, stagflation, depression etc), there are certain things you can do:

1. You can start to rotate into long duration Treasury now, because when the recession starts, people will flee to safety.

2. Gold has sometimes been one of the safe havens - usually a knee-jerk haven though.

3. Cash is alway king - but not in a bank account. You might want to take short term bonds.

4.Some people go to 'defensive' sectors like healthcare/utilities. That could work for you, but it depends on the nature of the recession and the timing.

Lastly, remember that no one is immune to a recession. before thinking of your investments, think about how your earning/job will be affected, and then think of your investments in that context. If you are a salesperson whose commissions depend on selling a luxury item, you might need to think of the impact on your income as well - because less people will be buying your products..