Post
Topic
Board Economics
Re: Are we headed to a nowhere economic direction ?
by
Betwrong
on 28/05/2023, 12:48:23 UTC
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If you are concerned about uncertainties and want to achieve stability, it is typically better to keep a diversified portfolio that includes low-risk investments such as bank savings or other stable assets. Saving money may serve as a safety net and help you establish a financial cushion for unforeseen events.

I don't know, it depends on many things, and most of all on where do you keep your money. There are many countries where putting your money in a bank is an equivalent of throwing it away. If we expect economic instability, maybe the real things, like good quality tools, are worth investing into. I mean, apart from household tools, a good fishing rod, some Japanese hooks and fishing lines may come in handy one day.