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Message Subject Dow Jones Industrial Average down -400 points! CARSH
Poster Handle Anonymous Coward
Post Content
I just bought 50 shares of bread stock. That's right...whole grain daily loaf bread. The most boring stock in the entire world, and also 100% recession proof. Got in at a good price too. There's one thing people aren't going to stop buying--bread. Gold and silver come and go. Tech stocks crash and burn. Crypyo-currency is a delusion. But bread...bread is here to stay.
 Quoting: Pneumati tou Stomatos


Interesting. You talking something like General Mills? How have these stocks held up historically during recessions?
 Quoting: McShillin


Flower Foods. During the crash of 2008, Flower Foods lost less than 1% value during the entire recession. Bread. Just bread. Wonderful, boring bread stock. The only thing that actually is recession proof. Everything else was carsh n burn. But bread stayed true. :-)
 Quoting: Pneumati tou Stomatos


Thanks, I'll look into it!

dasbier
 
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