That advice is generally good advice for the normal cyclical up and down trend in the stock market.
My concern with the current goings on is the upward trend now is based not on the economy but purely on the huge inflationary pressure the federal reserve is creating. I think when this bubble finally pops it could finally be the nail in the coffin of our dollar.
If I had a lot of liquid cash I might look into physical safe havens of value. Physical silver that you actually receive would be an option. Guns don't generally lose value ever. Ammo doesn't either but current market is crazy.
I interpret the weakening US dollar as a sign that foreign and emerging markets will have better purchasing power and economic growth. This is why 20% of my portfolio is invested in related ETFs. I'm super bullish on the future of India, for example. Don't overlook Africa - remarkable GDP growth.
I'm far from an expert by any stretch.
That advice is generally good advice for the normal cyclical up and down trend in the stock market.
My concern with the current goings on is the upward trend now is based not on the economy but purely on the huge inflationary pressure the federal reserve is creating. I think when this bubble finally pops it could finally be the nail in the coffin of our dollar.
If I had a lot of liquid cash I might look into physical safe havens of value. Physical silver that you actually receive would be an option. Guns don't generally lose value ever. Ammo doesn't either but current market is crazy.
I interpret the weakening US dollar as a sign that foreign and emerging markets will have better purchasing power and economic growth. This is why 20% of my portfolio is invested in related ETFs. I'm super bullish on the future of India, for example. Don't overlook Africa - remarkable GDP growth.
I agree with you. Thanks for the tip!