In every economic decline or stress, you learn who know what they are doing - and who was just along for the ride up.
Money transfers then, from weak hands to strong hands.
Everything you need to know about BlackRock, the company that owns the world
https://freerepublic.com/focus/f-news/4146074/posts
“Money transfers then, from weak hands to strong hands.”
Yes, it’s always worked that way. Hubby and I have always tried to position ourselves to where we could manage to ride an an emergency for a year, or at least six months. Also, there are deals that can be made during emergencies that five years down the line will have a great return on investment. However, it depends a lot on the type of investment and what type of emergency is occurring. The uncertainty on all fronts right now has us about ready to go into “hunker down” mode.