Been pondering this with all the market chaos. Bonds don’t feel as secure these days.
What are you all doing with your cash? Gold, stable currencies, or just keeping it in savings?
Forex lets you pivot during recessions. You can jump into currencies that actually hold their value.
I park my emergency money in USD or CHF, then trade with what’s left. Yeah, markets get crazy but that’s where the opportunities are if you don’t panic.
Bottom line: diversify. Don’t get stuck holding one type of asset when everything goes sideways.
Gold’s solid but doesn’t yield anything. I keep some cash for emergencies and trade what’s left.
2008 taught me diversification matters - lost 30% of my portfolio being too heavy in one direction.
Now I split things up. Some USD and CHF for stability, a bit of gold as insurance, and I trade smaller positions when markets get crazy. Forex actually offers decent opportunities when everything else crashes.
Savings accounts are getting destroyed by inflation. With forex you can at least position yourself in stronger currencies and earn some cashback.
Just don’t put everything in one basket. That’s what killed me back then.
Cash in strong currencies beats savings accounts right now.
Keep your emergency fund in savings. Inflation sucks, but you need cash you can grab quickly when things go wrong. Spread everything else across different brokers in different countries. Hold some USD and CHF for stability. During volatility spikes, trade smaller lots. Recessions present currency opportunities, but timing is crucial. The Swiss franc and yen typically gain value when markets panic. Be prepared for it, and always keep your stops tight.