Friday, June 22, 2012

Investing in a Bad Economy

Economy (Photo credit: yourdoku)
When times are hard, investing isn't always a cheerful topic to discuss. Unfortunately we just saw a bad twist in the economy, but that doesn't mean there isn't a silver lining. Not all industries and economies are down, and they may be strong enough to develop new jobs, and support the rest of our industry.

Tech companies rely on people's instant need for news, products, services and social connections to make a profit. With constant improvements in this industry, new products and services are emerging, resulting in a demand for talented workers.

Foreign economies are picking up the slack from the US markets. Many manufacturing industries continue to do poorly in the United States, but there is a huge demand for them from foreign industries. Investing in these industries may not be a bad part of your funds. The risk will be high, and they could easily tank in the short run, but I wouldn't count on it for the long run.

No comments:

Post a Comment