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Many financial forecasts are predicting economic turbulence ahead.
But you still want to find ways to grow your wealth, and that includes investing.
The good news is that some sectors remain solid, even in more turbulent times.
According to some financial experts and advisors, these industries offer stability and potential growth during downturns.
And, to put a new spin on the old saying: What goes down often comes back up.
Think of companies that make things youre going to need at some point, Hubbard said.
These companies tend to have consistent demand, making them more resilient during downturns.
She calls it a special asset that remains independent of political shifts, economic crises, and market fluctuations.
Unlike stocks or bonds, its value isnt tied to yields or multipliers, she said.
Modern investment strategies are based on the principle that capital must work and make a profit.
Gold doesnt fit into this logic.
It doesnt earn, but simply exists and helps to save capital.
In other words, no matter how much the financial landscape changes, gold retains its intrinsic value.
This is the magic of gold.
Investors are not buying a company, a market or expectations theyre buying something that will always be simple.
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