As of the end of 2020, the US national debt was over 27 trillion dollars with the debt to GDP ratio at 129%. It is likely we will be adding several additional trillion dollars to this debt in 2021, with no end in sight. We are starting to see real inflation and do not buy the Fed's story that the current inflation is largely reflecting transitory factors. The markets are at all time highs and it looks like the bull is starting to get tired. Geo political risks are rising and this country is experiencing new challenges both within and without.
Would it not be prudent to put 5-10% of one's portfolio in alternative investments that can thrive during a turbulent future? To date, I have put 2.5% of my assets in Barrick Gold Corporation (GOLD), although historically Gold has not been a good investment.
Other suggestions for alternative investments is being solicited.
Thanks!
Would it not be prudent to put 5-10% of one's portfolio in alternative investments that can thrive during a turbulent future? To date, I have put 2.5% of my assets in Barrick Gold Corporation (GOLD), although historically Gold has not been a good investment.
Other suggestions for alternative investments is being solicited.
Thanks!