jm67
Dryer sheet wannabe
In looking at recent political developments, it seems like the only thing that US political parties agree on is increased deficit spending.
If the US debt becomes unsustainable, and we enter a Greek style crisis in a few years, what's the best investment strategy to pursue now? My financial advisor has basically told us there's nothing to be done - basically diversify slightly toward international holdings, and hope for the best. Is that the only option, or should be be looking at other, more creative investment strategies? FYI, right now I have the usual AA of 401K, mutual funds, and bonds, mixed in with some rental income.
If the US debt becomes unsustainable, and we enter a Greek style crisis in a few years, what's the best investment strategy to pursue now? My financial advisor has basically told us there's nothing to be done - basically diversify slightly toward international holdings, and hope for the best. Is that the only option, or should be be looking at other, more creative investment strategies? FYI, right now I have the usual AA of 401K, mutual funds, and bonds, mixed in with some rental income.