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?
I used to think I had a handle on this topic from listening to various experts. Then 15-20 years later all the chaos they predicted has yet to play out, and I'm left realizing there are lots of good ideas but no one REALLY knows what's going to happen or when.
What I CAN tell you is if you invest in things you can drop on your foot - precious metals, whatever else - those things will always have good comparative value. The value of dollars is a bit of a psychological construct, and can be set at anything they want, zero included. Same thing with pretty much the whole stock market - a couple years ago the price of oil actually went NEGATIVE!
Personally I think there's going to be a time coming where prices will go much lower, but then there's also the question of how do you preserve buying power so you can take advantage of that?
I've got more questions than answers but I hope you find a way to rock it.