Hi,
I’m a confident investor, and for a while with the way things are going I’ve opted to stay liquid. I have a very high allocation to cash and near cash, both in bank deposits and liquidity funds, with a moderate allocation to infrastructure, equities and associated hedges.
I can’t find a precedent for what liquidity funds would experience in a scenario like a major world war, because they were invented a few decades after World War II finished.
Is it likely we could see Lockin, or Price swings, or something else? Just want to know others thoughts on the matter really, not looking for investment advice per se.
Of course that’s the argument that debt with maturity less than one year is the safest, but it’s also going to be the 1st to be restructured by major governments in the immediate outbreak.
What do you think?