The One Asset That Doesn’t Crash in a Crash
by Jeff Clark
Is a stock market crash coming? If so, how do we invest?
Many pundits have called for a crash for some time now, some right after the last one ended.
To be sure, another crash will come, sooner or later. I don’t pretend to know when it might occur, and trying to predict it is akin to a fool’s errand.
That’s why I’ve adopted this motto, one you might find helpful, too:
Prepare, Don’t Predict
We can speculate about it all we want. It can even be fun to debate. But short-term crystal balls everywhere are broken.
I encourage you to worry less about predicting when a crash might occur and a little more about actively preparing for one. It’s actually liberating, and heaps more important than trying to figure out, or worry about, the timing.
That begs the question, how do we prepare for a crash?
You Are Always Speculating
Think about it: every investment decision you make is a speculation.
Dump all your stocks? Doing so could mean you miss out on some big gains.
Buy bonds? The 60/40 portfolio has proven to be unreliable.
Just own gold? Gold gets sold during crashes too,
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