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/biz/ - Business & Finance

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15664278 No.15664278 [Reply] [Original]

I have 50k USD in fiat. What should I invest it before it's value collapses? Alternatively, what should I put it into to dodge losing value from inflation?

>> No.15664315
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15664315

>>15664278

I'd spread it out, but avoid the financial and retial sectors as they'll get decimated in the recession.

>gold & silver, okay to own some ETFs but make sure you have some of it physical at least.
>gold mining stocks, spread it out over at least a few companies
>equity in companies that provide essential services such as basic medical care, energy etc that won't be cut as much in a recession
>cryptos, but don't make it the majority because it's uncertain how cryptos will perform in a recession since they're so new

>> No.15664332

https://www.bogleheads.org/wiki/Lazy_portfolios