My best guess: * You can invest in covered call funds[1] (like QYLD) and equity-linked notes (like JEPI) as a hedge. This will lose out to index funds in the lo

My best guess: * You can invest in covered call funds[1] (like QYLD) and equity-linked notes (like JEPI) as a hedge. This will lose out to index funds in the long-term, but should be better during volatile periods. * The US has I-bonds[2]. An equivalent may exist in your country. * Having an emergency fund is good. * Diversified investments is good. [1] - https://www.blackrock.com/us/individual/literature/investor-education/equity-covered-call-cefs.pdf https://www.blackrock.com/us/individual/literature/investor-... [2] - https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm https://www.treasurydirect.gov/indiv/research/indepth/ibonds...