Preparing for the Crash
Dec. 2nd, 2024 12:18 amI have posted before under the tag, Recession of 2026, and you may want to refer to my previous posts. I expect another bursting of a real estate bubble, with the prices of many stocks falling, and associated effects. This weekend, I put in a request, to be executed on December 2, to sell ten percent of the main stock fund (invested in the S&P 500), and put the money into the corporate bond fund. The bond fund may fall as well when the recession hits, but probably not as much as the stock fund. By the way, the stock fund has risen by more than 20% over the past year, which in a way is lovely, but is not sustainable. The real economy isn’t growing that fast.
I am putting my money where my mouth is. I believe that the late Dr. Fred Foldvary was right about the eighteen year real estate cycle, at least approximately, and right when he went on record in 1997 predicting the major recessions of 2008 and 2026. I believe that Georgism is not just a set of opinions about how the world should be, but a tool that can be used in choosing what investments to make. Assuming that we don’t get World War Three or a complete collapse, I hope to use the money I am putting into bonds to buy back stocks more cheaply, and I plan to take more money out of stocks before 2026 arrives. I plan to report on the results.
I am putting my money where my mouth is. I believe that the late Dr. Fred Foldvary was right about the eighteen year real estate cycle, at least approximately, and right when he went on record in 1997 predicting the major recessions of 2008 and 2026. I believe that Georgism is not just a set of opinions about how the world should be, but a tool that can be used in choosing what investments to make. Assuming that we don’t get World War Three or a complete collapse, I hope to use the money I am putting into bonds to buy back stocks more cheaply, and I plan to take more money out of stocks before 2026 arrives. I plan to report on the results.