You have likely seen articles in major financial publications and web sites about choosing an asset allocation. You allocate your funds between stocks, real estate stocks (REIT's), bonds, and other assets, including ETF's that sell short and commodities.
Most people just need to move a portion of their funds to a short selling ETF.
Most well allocated portfolios should survive recession. It is a bad idea to go 100% in cash. It is a bad idea to go 100% in any one asset class.
Also, be sure to pick up bargains at a discount. That is one way that Warren Buffett has earned so much money over the years.
Buy low and sell high, remember?
Speaking of lows and Warren Buffett, BRK-B is trading for below $3000 now. I would take a look.
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