You can find opportunity even during recessions. To illustrate this, here is a brief break down of a few past recessions and the investments that did well through it 👇🏾 🧵
It was a great time to own or invest in oil, as Nigeria could attest. Oil prices soared and Nigeria made enough money to host the festac games.
Technology stocks like IBM, Apple & Microsoft rose to power in these times, delivering strong returns.
Real estate, defense and industrial stocks soared. Construction and telecomms became a winner in Nigeria.
What to invest in: mining and extractive industries, rental properties (surprisingly), private businesses.
What to invest in: Export based companies like Olam, Okomu Oil, textiles and...
What to invest in: digital stocks, ecommerce, cloud services, teleconferencing and healthcare.