Are tangible assets good investments in times of deflation

Are tangible assets good investments in times of deflation?

Robert Prechter addresses the question are tangible assets good investments in times of deflation several times in his prescient 2002 book Conquer the Crash.

Chapter titles include:

Should you invest in real estate?

Should you invest in collectibles?

Should you invest in cash?

Should you invest in precious metals?

And many more

For a detailed discussion on the question are tangible assets good investments in times of deflation, you must read Conquer the Crash. However, we've summarized Prechter's answers to the question, are tangible assets good investments in times of deflation, below.

Don't

Generally speaking, don't own stocks.

Don't own any but the most pristine bonds.

Generally speaking, don't invest in real estate.

Generally speaking, don't buy commodities.

Don't invest in collectibles.

Don't buy goods you don't need just because they are a bargain. They will probably get cheaper.

Invest in short-term money market instruments issued by the soundest governments.

Own some physical gold, silver and platinum.

Have some cash on hand.

Sell any collectibles that you own for investment purposes.

Make a list of things you want to buy at much lower prices when they go on "liquidation sale."

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