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Given the short to long term treasury bond yield inversion in 2019, I'm preparing for a recession in 2021 by keeping 10% cash and clearing off all debt. I also
by Amarok 7y ago
Given the short to long term treasury bond yield inversion in 2019, I'm preparing for a recession in 2021 by keeping 10% cash and clearing off all debt.
I also implemented a higher risk strategy when I rebalanced my portfolio at beginning of year: hedging a few healthcare stocks with predictions of around 6% returns, but could see a higher payoff if covid-19 hysteria sets in.
Skeptical of crypto performance during a recession, so rebalanced to 3%