Every time a financial crisis breaks out, there is a depression in all industries, a large number of workers are laid off and people's livelihoods wither away. But as long as you can do the following, you will be able to stand up in the crisis and even turn around. Today we will discuss what retains its value the most in the financial crisis?
What is the most valuable thing in the financial crisis?
1, The stock market, the property market will collapse
No matter what the cause of the economic crisis, the stock market will certainly collapse. And the same is true of property, the price of the house is directly cut.
So, before the outbreak of the financial crisis, there will be a lot of signs. It is important to dump all the stocks in your hands, in time. Otherwise, when the crisis breaks out, all the factories and businesses will be gone, and the stocks in your hands will be waste paper. If you have any extra houses in your hands, you should also sell them in time. A financial crisis, house prices may be more than ten years, cannot return to the original level.
2, Gold is the most valuable, can be held in large quantities
Gold, because of its special nature, will never depreciate in value. And the global price of gold is a price. There is no way for any organization or individual to speculate in gold. In the case of a subprime crisis type of financial crisis, when it breaks out, all industries are in decline. No real economy is in the doldrums, and no investment is profitable.
The price of gold, however, is bound to rise. As the saying goes, jeweler in times of prosperity, gold in times of turmoil. The more economic turmoil there is, the more gold becomes popular and the more valuable it becomes. Gold, so to speak, is the nemesis of financial crises.
3, Food and land, also can play a good role in preserving the value
Our national policy is that the price of food does not rise, if the policy is really liberalized, according to the market economy, the price of snacks will certainly rise sharply.
When the financial crisis breaks out, even if you are unemployed and jobless, you still have to eat. With less industrial food, the demand for food is bound to rise. So even if the state intends to control it, the price of food will certainly not fall. The price of food will be preserved, so will the price of land.
4, Cash in hand will also retain its value
The consequences of the financial crisis are usually the bankruptcy of enterprises and factories and the unemployment of workers. But the money in your hand has not depreciated in value. In time, stocks, funds and other assets, converted into gold or cash, can play a very good role in preserving value.
Banks, the role is to regulate the national economy Nowadays, many people complain that the interest rate of banks is getting lower and lower. In fact, the state keeps cutting interest rates, is through this means, to control the healthy and stable development of the economy. When there is more money in the market and there is an investment bubble, the state raises the interest rate on bank deposits to absorb the hot money in the market and prevent an investment bubble.
When the economy is in the doldrums, the state lowers interest rates to release large amounts of money. It boosts domestic demand and pulls the economy back to life. We ordinary people only see our own personal gains and losses, and it is difficult to think about things on a national level. Don't invest blindly, follow the country's policy and you will never lose out.