The UK has already experienced one quarter of negative growth and a second may follow which would mean weāre in a recession.
What is the best investment strategy? Invest in gold?
I know the '08 financial crisis was a global one so perhaps the recession will only be limited to the UK and in this case maybe US or Asian stocks would be a good idea to consider?
Like in every situation:
Msci world etf (mostly)
Plus EM etf (some)
Plus US/EU small cap etf (some)
Plus Some precious metals (e.g. gold, silver)
Thatās for long investors. If you love gambling you can short stocks and go long in gold.
From what I understand bonds & gold usually considered safe bets, but I saw this the other day which the guy suggests that these (along with pre-paid plans & trends) are things millionaires donāt invest in (video goes into more detail as to the reasons why):
Of course different strategies work for different people e.g. Some people did get really rich off the crypto trend (while others lost tons as he points out), so I guess it really depends on your aims e.g. Do you want to take the risks in getting rich or do you want to play it safe and just beat inflation until the market recovers.
Of course that article/video is just one guyās opinion and not everyone might agree with him. As always - do your own research is the best thing to do 
Exactly what Iāll be doing 
recessions and more uncertainty means cash is king and can go a lot further should you keep investing
When the markets went nuts at the end of 2018 I pumped everything I could into funds. I made 20% in a few weeks on some.of those.
The market had dipped recently and again Iāve thrown money at it I had kept by. Maybe with Brexit there will be another big dip who knows.
But generally the best advice out there (not that I am giving advice of course) is to save and invest regularly and not try and time the markets.
Itās been my experience that most dips are brief and the market quickly corrects most of it and then slowly rebuilds the rest.
Remember Bobā¦
Hold your stocks and the vast majority will rise again within 18 months (especially large cap). And buy good companies at a discount.
Donāt sell in a panic.
Pretty simple stuff really.
Spot on. If all the great large caps you buy on discount all fail and the system fails. Then your moneyās not going to be worth much if you save it anyway. Itās very simple advice but buy the dipā¦buy value. Thatās why Berkshire are hoarding $122B for the next correction.
Here we go!
To be honest Iām doing some buying end of the month. So looking for this to happen 
Was reading the same.
TL;DR US treasury bond yield curves on 2-year and 10-year debt inverted for the first time since the financial crisis. 10 year bonds are now priced less attractively than 2-year bonds. Recession is on the horizon.
The black friday sale coming soon!
Didnāt something similar happened a few months ago?
If memory serves, it was the closest since 2007 a few months back however didnāt go negative until earlier today
I have been reading lots about the āall weather portfolioā may be a way to give your investments a fighting chance in the down turn?
Interesting thoughts here
https://www.bloomberg.com/opinion/articles/2019-08-13/the-bond-market-is-in-a-bubble-jz9atl25
As the trade war is not getting solved and cheap money will flood financial markets in a downturn itās hard to say when the bubble will burst.
Iād read Warren Buffettās letters pre- and post-2008. Donāt watch CNBC and Bloomberg and donāt listen to analysts. Thereās a reason why they arenāt billionaires. Read this book - itās a small investment https://www.amazon.com/MONEY-Master-Game-Financial-Freedom-ebook/dp/B00MZAIU4G
He interviewed people who normally wouldnāt give interviews. Wall St/Cityās interests arenāt aligned with normal folksā interests.
Diversify before hopefully, hang on tight, donāt panic and think carefully about the long-term prospects of buying at a discount during a bear market
Agreed - keep Bob always in your mind. Donāt think about planning for a recession unless youāre actually likely to need your invested money during that time. Otherwise continue to invest in a diverse portfolio and in the long run you will do well. Donāt think you can ride the market waves like the big guys can - most of the time itās because they are creating the waves themselves.
Deploying more cash into account. Sold some stocks with profit and will bombard ETFs when black Friday comes!
The yield curve has inverted but it takes an average of 17months after inversion before the stock market actually goes down.