I switched most of my money out of the market into short term T-bills. This was because I expected a crash.
I don’t trust the US dollar either. But where do you go?
A bond fund in rising interest rates would be crazy.
I’m looking at foreign countries, but look at what happened to the Euro! I considered Swiss currency.
I’m not a gold & silver person and I already have more than enough real estate....
What is a person to invest in these days?
We are seeing across the board asset value destruction due to the profoundly destructive polices of the Biden Admin
There is no safe place to hide and valuations still have a way to go before leveling out
We are seeing the engineered destruction of the American economy.
It’s almost as if they had a timeline starting in the Obama years and Trump put their schedule back and Biden is working overtime to catch up on the take down of America
I will be happy if I walk away with a mere 50% hit when the dust finally settles. There are really no safe havens because it seems the intended goal is to destroy the American middle class and they are covering all their bases
This is preservation of capital time. T-Bills probably least risky, short term lets one roll them over as rates are rising now.
I had to choose a mutual fund for my registered education accounts for the kids. Chose a boring bond fund. Pretty much no gains but at least its keeping its value.