to put this as simple as possible. Is the economy going to dump more and then eventually go back up, indicating a buying opportunity in stocks, real estate, etc. Or is all going to zero? Would I be safe if I invest in good companies or is it not worth it all,because the USDollar may go to zero? What are your thoughts? Should I take this as a buying opportunity or embrace the possibility of a complete financial collapse where my money is now toilet paper?
Im just a broke trade school student unsure about this whole shitty clown show, and dont want all of my money to go down the drain.
To go off topic a bit, Would trump even let that happen, because if you introduce a new financial system, what are you going to do if millions of hard working middle class Americans lose all their wealth from the old system?
Depends on your tolerance for risk. Personally I don’t trust Bongino, but never the less it boils down to risk. In a high-inflation economy, physical assets are the best hedge against inflation. Second would be government bonds which theoretically carry the least amount of risk. Gold IRA’s and other versions of “paper gold” basically carry the same amount of risk as most other stocks.