RE: Steem Bounty - What is the Best Thing to Do When You Expect the Stock Markets to Plummet in the Next 6-12 Months?
What is the BEST Thing to Do When You Expect the Stock Markets to Plummet in the Next 6-12 Months?
'The best thing to do' would be to get a financial advisor. They can go over actually examples of securities you can personally hold. "Best" is subjective and it's all dependent on your risk tolerance.
For one person's preference, it may be best to run face first into the declining market, shorting leveraged options left and right.
For a different person, it may be best for their preferred risk tolerance to simply choose not to participate in the stock market in the Next 6-12 Months.
Ultimately, get an advisor who is able to make recommendations for you. And if you don't like that advisor's recommendations, go get a different advisor until you find a good fit. It's not a sexy answer, but finding a professional is best.
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