watgate Posted November 20, 2018 Share Posted November 20, 2018 In a worse case scenario, If the World's central banks had another financial crisis and resultant financial implosion, what effects would that have on one's investments? Since it would appear that going forward, expat retirees are going to have to place funds in a Thai bank for retirement purposes, would their be any possible risk to the deposited funds in a Thai bank if the worse case scenario came to fruition? As for one's personal investing philosophy have you positioned yourself and your investments against another financial implosion or are not too concerned about events going forward and may be on the sidelines waiting for the appropriate time to re-enter the stock market? I am just curious about one's financial tolerance and what their risk tolerance is in these uncertain times? Link to comment Share on other sites More sharing options...
Popular Post BritManToo Posted November 20, 2018 Popular Post Share Posted November 20, 2018 I'm betting global warming, meteor impact or zombie apocalypse will get us before that. Pick an end-of-your-world scenario to suit your own personal fears and prejudices. Probably old age will kill me before I run out of money (or anything else). 2 1 Link to comment Share on other sites More sharing options...
Ahab Posted November 20, 2018 Share Posted November 20, 2018 Since I am about eight years away from raiding my US 401K account it would have little effect. Any implosion (even a large one like the 2008-2009 drop) would likely be made up by the time I needed the funds. I would keep investing in dividend paying ETF's and Mutual funds through the dip and would make profits overall. When everyone is telling you it is time to get out of the markets, it is probably about the right time to start buying quality dividend paying investments. I opt for ETF's or index following mutual funds because I do not have the time or expertise to follow individual companies. 2 Link to comment Share on other sites More sharing options...
KittenKong Posted November 20, 2018 Share Posted November 20, 2018 9 hours ago, BritManToo said: I'm betting global warming, meteor impact or zombie apocalypse will get us before that. Sometimes, walking around shopping malls here, I get the impression that at least one of those has already happened. 2 Link to comment Share on other sites More sharing options...
dotpoom Posted November 21, 2018 Share Posted November 21, 2018 Thank God I choose to live and enjoy....the "present" moment in time. Link to comment Share on other sites More sharing options...
quandow Posted November 21, 2018 Share Posted November 21, 2018 Doesn't this fit the "how long is a piece of string" category? Link to comment Share on other sites More sharing options...
allanos Posted November 21, 2018 Share Posted November 21, 2018 In my opinion, to hedge one's present financial situation against a catastrophic future event, and which is to simply be prudent, after all, buy put options on the stock market, go long on marginal gold miners, have about 10% of your capital in physical gold or silver, alternatively gold and silver etf's. One can also test the power of prayer . . . Link to comment Share on other sites More sharing options...
Skeptic7 Posted November 21, 2018 Share Posted November 21, 2018 (edited) Not much day to day. On paper, yes and prob a bit of a mind f***...but wouldn't really affect day to day life. Edited November 21, 2018 by Skeptic7 Link to comment Share on other sites More sharing options...
Popular Post Aussieroaming Posted November 21, 2018 Popular Post Share Posted November 21, 2018 I am still recovering from the ex wife financial crisis, which made the 2008 GFC seem like a doddle. 1 2 Link to comment Share on other sites More sharing options...
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