Originally Posted by brewer12345
The most stressful period for portfolios was not when equity prices dropped in the past. Those episodes are fortunately short lived. The SWR busters in history are a combination of flat to modestly down equity markets combined with galloping inflation. That would gut an all FI portfolio unless it was TIPS. At the very least, you would want a slug of commodities/commodity producers to go with your FI to offset this risk.
In this scenario I would look into expating. I'm sure there would be somewhere I could go that would either have better job opportunities or where my dividend income would go further. Buying some gold via etf has been something I have been considering since the crisis started.
I'm curious for anyone that has bought and sold gold in a taxable account, was it easy to handle on your taxes? I'm guessing in turbo tax there is a section for "collectibles" and you would put the sale there and pay 28% on it.