crock Posted December 15, 2005 Share Posted December 15, 2005 Should the UK go into a full blown recession next year which markets prosper ? Quote Link to comment Share on other sites More sharing options...
BandWagon Posted December 16, 2005 Share Posted December 16, 2005 (edited) Do some reading on Neil Woodford, fund manager of Invesco Perpetual fund Over a year ago he moved much of his find into tobacco, booze, utilities, away from things sensitive to consumer spending. I bet gambling would be another good one. Debt recovery services will also do very well. Anything do do with repairing instead of replacing (ie get your shoes fixed for £8 intead of replacing them for £50, I often watch the number of people visiting "shoe bars" at stations) Interestingly he thinks we're going to see a major correction in the housing market very soon. Spot on. Edited December 16, 2005 by BandWagon Quote Link to comment Share on other sites More sharing options...
crock Posted December 16, 2005 Author Share Posted December 16, 2005 Do some reading on Neil Woodford, fund manager of Invesco Perpetual fund Over a year ago he moved much of his find into tobacco, booze, utilities, away from things sensitive to consumer spending. I bet gambling would be another good one. Debt recovery services will also do very well. Anything do do with repairing instead of replacing (ie get your shoes fixed for £8 intead of replacing them for £50, I often watch the number of people visiting "shoe bars" at stations) Interestingly he thinks we're going to see a major correction in the housing market very soon. Spot on. Thanks for that ! Quote Link to comment Share on other sites More sharing options...
tonification Posted December 17, 2005 Share Posted December 17, 2005 Do some reading on Neil Woodford, fund manager of Invesco Perpetual fund Over a year ago he moved much of his find into tobacco, booze, utilities, away from things sensitive to consumer spending. I bet gambling would be another good one. Debt recovery services will also do very well. Anything do do with repairing instead of replacing (ie get your shoes fixed for £8 intead of replacing them for £50, I often watch the number of people visiting "shoe bars" at stations) Interestingly he thinks we're going to see a major correction in the housing market very soon. Spot on. I have invested in Neil Woodfood's fund over the past year, and have been very pleased with its performance (20% up since May) BUT, It did fall with everything else during that mini crash in October, which makes me concerned that it and similar non-cyclical investments will suffer with everything else in a real downturn. Quote Link to comment Share on other sites More sharing options...
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