Waste not want not

Although recession is lurking, investors should not be too hasty to throw the prospect of high returns on the rubbish heap

Amid the doom and gloom of the credit crunch, and with a full-blown recession lurking in the not too distant background, it can be difficult to think of a safe haven for one's money. Previously rewarded sectors are now considered far too volatile in the medium, or even long term. Property has slumped, the stock market has crashed, bonds are looking risky and even the building society no longer seems safe. However, professional investors should think twice before burying their heads, or anything else, in the ground. Indeed, the imperative not to chuck things into the ground is one of the m...