Sep 24, 2022
The reason I'm saying cash is king in a recession is that assets will remain low for a while.
My strategy is to slowly dollar cost average because, speaking macroeconomically, growth is decimated rn.
I didn't even cover China and how their zero COVID policy/shutdown of their manufacturing is affecting the markets.
As you said, we'll get through this but in the short term I want cash on hand. In the long term I want hard assets.