04-04-2021, 08:56 AM
Congrats on getting GFC right! I did ... decent. I could have done better. I watched my funds shrink for most of 2007. When Lehman Brothers went out of business, I went 100% into cash that day, and stayed there until the market started bouncing back in 2008 and got back in pretty close to the bottom.
With covid ending, I'm predicting a marvelous year ahead of us. But you are right sooner or later a real downturn will hit, and ideally I head into cash sooner than last time.
With covid ending, I'm predicting a marvelous year ahead of us. But you are right sooner or later a real downturn will hit, and ideally I head into cash sooner than last time.