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Pretty shocking how little people are prepared for let’s say a 30% correction on stocks or a bearmarket. Not saying this will happen soon, but with such a parabolic run I am surprised how little people have moved profits to other assets. Or as bob loukas would say, rebalance to other buckets.
Personally i already got it well diversified, eco-farms, real side businesses, gold, no debt, etc, all shared in my list recently. Can handle massive drawdowns.
But SO many do not do this and just assume stockmarkets will keep going parabolic or even loading more debt. If you have not diversified some profits from stocks, consider doing it, you won’t regret it when shit hits the fan
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