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Let's try to make money off tons of people's misery! But seriously though, the "Great Recession" was the largest downturn since the Great Depression. Do you ex
by eanzenberg 8y ago
Let's try to make money off tons of people's misery!
But seriously though, the "Great Recession" was the largest downturn since the Great Depression. Do you expect the next one will be as bad or worse?
- murph-almighty 8y agoI think you're being a bit harsh here (although OP's phrasing is a bit crass)- it's reasonable to want to hedge yourself against a downturn. I'm not actively seeking to make money off a downturn aside from contributing to my 401k, which invests in a diversified mutual fund (I can't invest more actively for regulatory reasons). My main goal if that happens is to keep my job.