I would imagine that a ton of huge companies will plummet in value or even crash and burn, with so many high-profile arrests in the business world (including many surprise arrests we didn't see coming). I have no doubt in my mind that this will be better for the economy in the long run, but for many people who are invested in funds that include hundreds of companies, the thought occurred to me to hold onto my finances personally these next few months.
Any nudge in the right direction would be much appreciated! I do, of course, understand this is all speculation and theory, as stock markets are unpredictable even when we can anticipate other things that might affect it.
Be careful of advice on here. I always cringe when I see handshake accounts on here giving financial advice because there are lots of shills that will try to ruin your life with bad advice or at least get you to take tax hits for pulling money.
That being said, I'm holding still at the moment with my money in the market. If this actually goes down the way we think it will, the value of the money we have will drastically change anyway.
You should always be careful of advice anywhere. I've not trusted the 'legit' sources for some time. I do my own research and I am still wrong most times. Maybe 50/50. I would be nervous about what could happen, but there is a chance that it could be well received. I was shocked how fast the market recovered after 9-11.