Its Over, page-22717

  1. 22,781 Posts.
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    Don't know, but that's an interesting one.
    My preferred approach is to stay away completely and wait.
    A significant crash is not going to just hit stocks badly, banks, economy could all get into turmoil that could last for some time, no one thinks a GFC 2.0 is possible but the truth is our global debt levels and derivatives are multi fold what we had 16 years ago. We have not learnt the lessons of GFC to stop extreme capitalism that pose a moral hazard for the wider society.
    At the inception of any crash, all stocks would be battered, but thereafter those Next-Gen stocks could prosper ahead of all others which would languish at the bottom for some time. After the crash, we can see which stocks diverge.
    I'm sitting on 5% and some precious metals and wait out.
 
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