IMHO - stock tips would be to hold a stable store of money for now, and invest later.
With the dollar as a world reserve currency, there are very few other countries can extend liquidity and debt like the Fed and Treasury. That could create a credit crunch for a lot of foreign national companies as the business cycle contracts. May be a good buy for foreign in the future - but not now. About half of the worlds capital is USA based equity anyway.
With that said, for bonds:
Short term Treasuries bills and intermediate bond funds that are not diluted with other corporate paper seem to be a safe store of value for now. TIPS are going negative, forecasting a bit of near term deflation?
CDs and MMs are next best store of money, but the farther their underlying value is from federal paper is they have a small but increasing chance of lockup for a period of time as bankruptcies work through the financial system.
Gold and Silver are a store of value, but may not be as liquid or stable. You have navigate how to buy/sell/store the physical gold, ETF/fund, mining company.
Corporate bonds are being downgraded. Fed is propping up 'fallen angels' like Ford that were downgraded. Some corporations will borrow in the downturn, and not repay previous debts. Neman Marcus, Macy's Penny's may be only the first big names to begin the default process.
Municipal bonds? In a time of shrinking tax base and some unrealistic pension promises - I expect to see some municipal bankruptcies.
Equity / stock. Right now the index fund PEs for USA are climbing as earnings start the expected first quarter slide. Second quarter will be worse.
There are some essential items that should weather better than others. Examples include utilities, consumer staples like groceries, food supply chains.
Other companies that have low debt and operating costs should easily survive. High tech stocks like FANG will be impacted in different ways (Amazon and Netflix up, Apple iPhone sales down). The NASDAQ QQQ is more broadly diversified, but may be a little pricey for now.
Keep a 6 foot pole between your wallet and the following equity classes: Energy, sports and leisure, food service, hotel, amusement, REIT and travel. Maybe some bargains at the end of the year or early next year. Tough to tell the walking dead from survivors right now.
Cash? DW and I have twelve months of cash expenses set aside - but we are retired and need certainty of near term liquidity.
Bottom line - understand your risk tolerance and diversity funds amongst stocks and bond funds AND financial institutions.
YMMV
