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RE: Be ready for next financial crisis
This image reminds me of the one on my recent post.. a gif of workers shoveling $USD into a fire as if it were coal - cough, shameless plug, cough ;) https://steemit.com/investing/@jobsande/the-best-investments-for-these-times-of-turmoil
The topic is relevant to this discussion as well since I acknowledge the "sky is falling" situation we're currently in, and describe how I've invested my assets in preparation for this.
Here's how I have it invested:
10% Cryptocurrency
15% Gold and Silver
20% Stocks
5% Lending Club
20% $USD
For more details, feel free to check out my post above :D
In Venezuela they are currently paying this way... Lets just hope we will never see that here in the Western world, im just afraid we cant escape this faith...
Personally I would prefer more phizz silver and less stocks/bonds, but thanks!
Yep, heard about that in Venezuela, of course let's hope it doesn't get to that but honestly I don't have much confidence in the system that it won't at some point in the next year or two, maybe much sooner.
100% Agree about the physical silver, actually in the process of buying more. I actually used to have much more in stocks, I'm dumping as much as I can now (out of my Roth IRA) but as a current employee, I'm stuck with very limited 401K options - in other words, that chunk of money has to stay in stocks and bonds as long as I remain with my current employer.