As the ecnomy shifts how are your protecting yourself?
The US has a tremendous amount of debt, as more and more people line-up to apply for unemployment this number only increases. Unemployment is higher than ever, people can't afford to pay rent or their mortgages, many businesses are even unable to open. The US dollar is losing value, we are going through a pandemic and people like Ray Dalio are predicting that we will see widespread deflation in the near future. This not to mention that a war with China isn't inconceivable.
With all of this happening, it's hard not to just scream out loud - "THE SKY IS FALLING, EVERYBODY RUN!"
So I'm curious to learn what some of the other, more experienced investors are doing in order to hedge your portfolios and reduce your risk? 2008 is the most recent comparable market correction, but I'm sure there are other people like myself, who were still in high school during that period and perhaps didn't really feel the full effects that 2008 had on the average person and investor.