4 Answers: How to prepare myself for next crisis?

Question

How and when do you think it is going to hit?

What will be the root cause?

How do you prepare for it?

What type of asset is going to be hit the most?

Thanks in advance.

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Anonymous 3 months 4 Answers 41 views 0

Answers ( 4 )

  1. Good question all of us on here should not be preparing for the upcoming financial crisis because it is already upon us. With tech stocks plummeting, the S&P down and generally a lack of good sense in the market, this bull run market ends here.

    One thing for sure is if you haven’t already, get out of stocks, bonds and similar financial instruments and into precious metals like gold, silver and platinum.

    You can also invest in safe bonds like t-bills, yet even those are now seen to carry some risk as the US government is seriously in debt.

    Aside from that get your life together and live well within your means,. And also learn from the market because when the bottom falls out the dow jones plummets, you can buy in again at the bottom and ride the next bull market to financial freedom!

  2. That is right. Be ready and prepared for the upcoming financial crisis and be ready to buy into the market when companies are trading at very low price per share for good value companies long term.

    I can’t tell enough people but if you buy low and sell high you will be a good investor, it is as simple as that.

  3. How and when do you think the next financial crisis is going to hit? Right now.

  4. Get ready because it is already upon us. If you are not invested in the markets then you are pretty safe from the exposure. Really what you should be preparing for is preparing to build your portfolio out of all the cheap stocks that are coming at the end of this meltdown.

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