Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How worried are you about the stock market, and what are you doing about it?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]I moved 1/4 of my portfolio both Ira and taxable into gold ETFs and mutual funds last month. There will be a crash soon. Better to be prepared to sell the gold and buy stocks when they’re cheaper. The market always goes back up. But yea, this crash is coming. Think about it. Why are we cutting rates? How is employment? Inflation? The dollar? Cost of goods? THINK. Don’t listen to the calmness of the crowd here.[/quote] We did something similar, and I am framing it as diversifying our portfolio. We were almost 100% in US index stocks. So back in February we moved ~25% into gold, international index ETFs, a small amount of crypto, some cash so we can buy if there is a dip. As for the other 75%, like you said the market always goes back up. If it doesn't, we probably have bigger problems on our hands. [/quote] International is great but not as a hedge to the US. Most international funds and even index and etfs have large part of US stocks. Also there is no scenario where US stocks drop and international do not. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics