It’s been a while since I've visited this board. Busy socking away my money that I unfortunately have to work for.
I was curious if there were any good threads or if anyone else had any suggestions about preparing investments for a possible depression. Is there anything that can be done to prepare a portfolio besides having about 25% in foreign currency? Our economy scares the sh%@ out of me and I'm having a hard time getting excited about saving 30% of my salary only to watch inflation chew it all up. I'm not a Dooms Day type but some level of depression seems inevitable.
Hope to hear some good advice.
I was curious if there were any good threads or if anyone else had any suggestions about preparing investments for a possible depression. Is there anything that can be done to prepare a portfolio besides having about 25% in foreign currency? Our economy scares the sh%@ out of me and I'm having a hard time getting excited about saving 30% of my salary only to watch inflation chew it all up. I'm not a Dooms Day type but some level of depression seems inevitable.
Hope to hear some good advice.
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