How to take advantage of recession??

Is there a way? Surley with all these stock and share prices dropping, soon would be a good time to get into it, buy some low cost shares and hope they go up as we pull out of it?

Also, im guessing purchasing some $$ for a holiday next year, buying them sooner rather than later would be better (if we're going into the recession, doesn't that mean our £ will be worth less against the $$?).

Anyone clued up in the markets who could offer some advice on how to make money during the upcoming months?

Its for a good cause, the Damien Benelli Tornado fund

If you guess right you buy shares, options etc at their lowest prices. When will that be? No one knows. So there is a great deal of risk.

This is global issue so no gain on £ vs $ ratio. Highly likely $ will get weaker as America is power house of the world.

[G]

Not even noticed much of a difference to be honest......Dont listen to the News or read papers and life all of a sudden gets alot less stressfull.

Just wait a few weeks until the price of luxury holidays hits rock bottom

[Biker Biggles]

Buy gold and bury it somewhere safe?
Not so daft actually as that is exactly what the big money has been going into over the last year.

[yorkie_chris]

That's been going on for a few years, gold is fairly guaranteed.

After the first big stockmarket bubble burst in 1930's share prices did not get back to the same level until 1957

[dizzyblonde]

I personally would take out all your money from the bank and hide it under the mattress.
My gran has an absolute shed load of shares in the HX, had em for years, but since my grandad died I doubt she'll even know how much shes losing on them at the moment, and its not exactly a subject one would like to approach. My other half says that its probably more prudent of her to not bother with them, as they will no doubt rise again after the takeover anyway, so she'd no doubt be none the wiser!
A few years ago, he invested in shares to the value of £35k, when 9/11 happened he lost the lot! Stocks and shares are a gamble...he was advised they would be a very wise investment, but nobody expected that tragic event to happen

I dont think anyone could really hope to buy shares at much better than many are right now. If one can avoid the bargain basement mentality it should work well. Meaning that they are largely at a false position anyway and profit is there to be made. Waiting for them to completely bottom out might see you miss out as almost immediately they could rebound again before you get on board.

Have a look at the previous performance and value of some of the blue chip shares and you will no doubt see plenty of return to be had in betwen where they are today and even say 20% less than their best ever price. Not a scientific approach but all helps you gain a more realistic picture and to manage your aspirations.

Dont forget though....only invest in shares, what you could afford to lose. It is a gamble at the end of the day.

[Biker Biggles]

Im an HBOS shareholder.Got them for free when Halifax went public so Im not that bothered they have become almost worthless.A bit like house value,its not real money is it?