I think, as many others, were due for a big recession.
Im trying to pick up some commodities stocks, picked up good dividend oil stocks a few weeks ago, buy into more good dividend stocks in upcoming downmarket (merck, Coca Cola, Johnson and Johnson), will probably get some gold stocks in near future. Probably transfer 50 per cent of investments into a good bond fund. when interest rates rise.Obviously have all debts paid off. Sold house waiting for a dip in realestate market to buy land and hopefully build own house. The area I live now is pretty expensive due to influx of Californians with cash.
Any other suggestions?
I think you about have it covered. I won't be changing my investments. But we have an emergency fund set back, some cash on hand, non-perishable food stuff and household stuff set back, keeping the fuel tanks in your vehicle full, staying out of debt or reducing debt, ect. It also would be a good idea to tighten up on security and increase your level of awareness.
Oh yeah, I have a decent beer and liquor stash.
