undefined

points

[-]

I do diversify (not precious metals or crypto though). Real estate, cash, bonds, stocks. (I could use more international index funds, but see below.)

Still, my sense is that there won't be any safe havens. It will be global, it will be stocks, everyone will be poorer so real estate will be unsellable, inflation destroying cash holdings…

Serious question (I am no scholar on history), where were the safe harbors during the Great Depression?

My ignorant notion is that there were none. But if you held on to your stocks for a couple decades, you did fine … just not during those two decades though.

by aurareturn4 hours ago|

parent|

[-]

  Serious question (I am no scholar on history), where were the safe harbors during the Great Depression?

Cash. Cash because everything became deflationary including a 90% crash in stocks. But I don't see a crash like that (Knock on wood). People are too aware nowadays to buy the dip. If a crash like that happens, then it'd be end times like nuclear war or alien invasion.

by lotsofpulp2 hours ago|

prev|

[-]

Real estate ETFs are worthless, they contain all the risks of a real estate investment with none of the upside (leveraging with non recourse debt, 1031, potential property tax incentives, etc).