This is a short message. I’ve been investing for many decades, and I’ve seen many crashes and micro crashes. One thing I keep seeing repeated here is how people are trying to protect themselves assuming there is a bubble or bubbles on the verge of collapse.
I can tell you from experience, if there is such a collapse, it doesn’t amazingly matter where your money is. You’re going to be affected negatively.
I remember being really pissed off at the housing collapse. Not too long ago. I had seen it coming seen everything that was going to happen. I moved all my resources and… It didn’t matter. I’m part of the economy and the economy tanked.
The stores I liked, closed. The food I like, got more expensive. Raises were hardly forthcoming and layoffs were everywhere.
Maybe if you build a concrete bunker and put your money in there, you can shrug off most of the effects, but being part of a global economy means when a significant portion of it takes a nose dive, you take a nose dive, no matter how insulated you are.
Just because you have an electric car, doesn’t mean you aren’t affected by all by rising gas prices. Because that affects all sorts of things like the price of goods in the store that you drive to in your electric car.
This isn’t a new or wild concept I’m stating. It’s just that I see a lot of threads where ppl think they are somehow cutting themselves out of the negative effects of a potentially massive financial bubble (which may or may not exist, pop, deflate).
I own zero tanks and jet fighters. But if Russia declares war on EU tomorrow, my finances are going to be affected tremendously.