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Market Moves Suggest a Recession Is Unavoidable

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Re: Market Moves Suggest a Recession Is Unavoidable

#4
Would it be wise to wait a year before buying a house? If a recession hits it might turn my areas buyers market into a fire-sale.

I guess if the fed isn’t raising rates then it’s not an issue. Waiting would also allow someone to increase their down payment.

Re: Market Moves Suggest a Recession Is Unavoidable

#5

If this is true, where is the best place to invest 10k-100k USD today?

Into a piece of yellow metal.

Edit. More background on that:

In 2014, after years and years of my parents droning "think about buying a house," I finally decided to teach my parents a lesson, and show them just how bad their investment advice is.

So in the end, I lost around 53 thousand dollars in total from FX, fees, lawyers, drop of property value, and my ability to sleep well at night.

And in 2016, I got kicked out of Canada, as my employer was unable to secure me an LMIA after trying 3 times.

The only thing that prevented me from hitting the bottom was that I was also saving gold since I was 15, when I first bought few crumbs from semi-legal gold prospectors from China.

Re: Market Moves Suggest a Recession Is Unavoidable

#6

If this is true, where is the best place to invest 10k-100k USD today?

Depends on your time horizon. If you have over 20 years before retiring the broad stock market is still likely going to outperform pretty much any other investment but it will be a bumpy ride.

Re: Market Moves Suggest a Recession Is Unavoidable

#9

If this is true, where is the best place to invest 10k-100k USD today?

investing should always be based on your age, not market conditions

over 60? lower risk...it may take longer for riskier assets to recover than you have to live

under 30? higher risk...the markets have always done well over a multi-decade timeframe

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