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RE: Safe assets for crypto cowboys and girls (video/podcast)
Trying to pick the next big winner in the asset cycle is always difficult. The financial advisors say diversity is the key. That’s only because they have no idea and it’s sometimes hard to redeploy your capital quickly. So with the threat of rising interest rates are bonds a good idea? I’m a reall fan of PMs especially Silver.
I don't know. I've been trying to find that out, starting to research the circumstances for bond failure in the past. A few people in Facebook investment groups told me that bonds are crashing and therefore I should stay away. I said if they're crashing, surely that means I'll get a bargain, and I should buy. They disagreed.
Nobody really knows the future, so it's not just regular financial advisors who say diversify, but managers of large hedge funds as well. At the moment, I'm thinking I'll buy stock ETFs over the next few months, then move funds into bond ETFs much more slowly.