I do not understand basic economics or investing.

That being said, how do I prepare for a recession or depression that will probably come down the pipe in the next year or two? What do I invest in? Where do I put my money? I probably can't be dinar-pilled but I'm open to other suggestions.

  • Sam_Hyde [none/use name]
    ·
    4 years ago

    Don't ask here for one. People have been calling for a huge recession for decades and 2008 is the best we got. You're LIKELY better off just investing in a few ETF's. https://www.bogleheads.org/wiki/Lazy_portfolios Invest early. and often.

    https://www.cnbc.com/2017/08/09/even-if-you-bought-just-as-the-global-financial-crisis-erupted-10-years-ago.html

    Of course a black swan event could come and fuck us all, in that case you want guns and ammo.