As the ecnomy shifts how are your protecting yourself?

[Matt B.]

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.

[Alex Olson]

@Matt B. Slow and steady wins the race when it comes to real estate. Stick to your rules of thumb and all will be fine. Unless you are getting in to politics and want to change the world, keeping your head down in real estate will still help you generate wealth. I'm not saying to keep your head in the sand, I am saying to keep chugging away and having confidence in your investment decisions without overreacting.