Talk of The Villages Florida - View Single Post - What would you invest in?
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Old 02-22-2022, 07:53 AM
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Default Dxy

Quote:
Originally Posted by Gigi3000 View Post
I have $250,000 to invest for income. I'm 63, keeping lots of cash on hand, own my home, not working and have no income currently. My expenses are minimal, around $1800 month. What would you invest in? can play with $75000 in high risk, the rest medium risk.
With the impending market crash coming, the only thing that traditionally goes up when the market goes down is the DXY. Once the market has gotten close to or at the bottom, you can move those funds into any investment you want and will likely do well.

The only question is not if the market crashes, but how it crashes. Will it be a quick crash (like the COVID crash) with a long recovery or will it be a slow downward trend with an even longer recovery. No one knows this part.
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