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RE: Steem Bounty - What is the Best Thing to Do When You Expect the Stock Markets to Plummet in the Next 6-12 Months?

in #steemit6 years ago

This crash will be nasty.
The coming stock market crash will quickly transform into a currency crisis and then a bond rout
Gold and silver are best. Oil also. All the money that you want to leave in the financial market should be in these asset classes.
Keep enough cash for daily use
Buy farming land, agricultural machinery, grains with the remaining money. This can be 50 - 60%.
The coming crash will cause a lot of disruptions and supply chains will be broken. Food will be of most importance.
If you have food that you can sell or land that you can use to produce food, you stand a chance of making money from the crisis.
Farming land is also not in a bubble like other real estate.
Give all crypto a pass

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Maybe I should invest in canned food ;-)

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