Where Do I Hoard in a Recession?

Though most nations have managed to pull their economy out of a recession, the UK is still knee deep in it. Businesses continue to make cuts, people are still hoarding money and the recession is set to continue into 2010.

Everyone wants to attack Gordon Brown for dragging his feet when it came to the banking sector bailout, dithering when it came to dropping interest rates swiftly and for no US-like stimulus package (forgetting the man is Prime Minister and not the Chancellor anymore). So the condemnation for not doing enough, soon enough becomes a bandwagon and, my oh my, are people jumping on it.

All this while, all I'm thinking is, "where is the safest place for me to put my money?" When it think safe, I don’t mean protected from loss because I know the FSA guarantees more money than I have in savings. I am talking about the investment vehicles that will do the best in this economy. I keep coming back to shares – no matter where I look.

With that starting point, the question becomes: "what shall I invest my money in for growth?" My answer is – I don't know, but I'm dedicating time to finding out. I only have one requirement: it must be an Equity-traded Fund. I am partial to anything which avoids the more developed world. I am not risk averse.

If only you could buy a Public Sector ETF *sigh*