The link I posted is obviously just someone's opinion. But mostly it's a mathematical analysis of one possible economic scenario. Whether you believe it's informed or not it's up to you. I myself don't quite see negative rates in US becoming a new norm but we don't have anywhere else to go except below zero in case a recession kicking in so IF that happens, Amerman's math becomes more relevant.
I've been thinking about the market and the broader economy yesterday - because of yet another surge - and I find the whole thing quite puzzling. On one hand, yes, the unemployment numbers are not "real", most of these people will go back to work as soon as they can but I wonder how the new reality will look like in a consumer based economy. Will we truly mobb those golf facilities as soon as some politician tells us to? Or we'll wait until there's a health data indicating it's "safe"? Are we going to travel as freely as we used to? Will we be even welcome to? There might be countries that are less reliant on tourism that will simply keep their borders closed. Perhaps we'll wait for an effective medication? Or a vaccine?
My personal "investment strategy" is changing every day, lol. I have enough taxable cash/bonds/equities to survive 3 years and I like playing so I got right into it...
First, I sold some stock to realize capital loss. That was intentional: I wanted to have the ability to manipulate my income for the next few years - either for health insurance or ROTH conversions purposes.
While the market was down I was playing with covered options - it's fun and if you're ready for them to exercise it's really safe. I ended up purchasing some dividend stocks in my taxable account and yesterday I "lost" some of my Apple stock due to the covered calls ending up in the money. It's what I kind of wanted to happen and the price was right. If it drops I may rebuy it.
I'm about 50% in cash right now. Most of it is in IRA however - not optimal. So I'll keep playing with put options within IRA targeting strong companies that I believe in but I also am looking at moving some cash into an Offshore Self-Directed IRA and buying property in my home country (Europe). Dollar is super strong right now so the prices are great plus I know the market much better than US. That would be a nice way to truly diversify my portfolio.
I may buy some treasuries but that's at the bottom of my list of things to do. And I don't see myself investing in broad market index funds. They are "too" diversified for my taste (and are doing much worse than my individual stocks); I don't want to have anything to do with travel or energy related stocks right now. It will take forever for them to rebound.[/QUOT
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You mention Europe : Where is Europe would an American be smart to buy real Estate?