Asked on 22 Jan 2020
1997 - Asian Financial Crisis (Devaluation of currency)
2000 - Dotcom Bubble
2009 - Subprime Mortgage Crisis
20XX - ?
The cause of the next crisis is not a question as important as how to take advantage of the next crisis.
The market is a zero-sum game. When one loses, another person will win.
Creating such a portfolio is the best way to protect us from the coming crisis.
I can't wait for the next crisis. Cheers.
Top Contributor (Jan)
Too much information on the internet.
Here is everything about me and what I do best.
Really, i do not care.
some say will be ETF, some say will be bond.
some say this some say that. who knows?
those who predicted correctly will be a guru for the next X years. those who predicted wrongly will go into hiding. haha.
i just have diversified portfolio and take a long term view of whatever i am investing in. trade war or no trade war. Emperor Xi or no emperor Xi. virus or no virus. unless market don't recover in 20 or 50 years.