ICUMD Posted May 3, 2017 Share Posted May 3, 2017 Would appreciate views on the following question: Based on what's happening to HCG and if we assume possible spread risks to other major Cdn banks, how does one recommend protecting investments from financial crisis? What would be the order of safety? Stocks- like FIH? A diversified stock portfolio? Cash? - which currency, where to hold it- bank account? Mattress? If you're only insured to $100K, what do you do with the rest? Bonds? If so, which ones? Precious Metals? Realestate? Dont worry about it and just spend it? Thanks! Link to comment Share on other sites More sharing options...
gfp Posted May 3, 2017 Share Posted May 3, 2017 There's an outfit in Omaha that has a decent record of preserving purchasing power over most time periods if you are really concerned about crisis. Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted May 3, 2017 Share Posted May 3, 2017 The below is what I have been doing - both in what I'm buying and selling as well as how I think about the larger structure of the portfolio Actual Trades Puts or put spreads & covered calls Long duration bonds Natural Resource stocks that are conservatively financed Replace non-dividend paying stocks with deep-in-the-money leaps (frees up cash, extreme downside risk mitigated, volatility/options are cheap at the moment) Short small-cap indices Strategic Themes Higher cash balances Limited exposure to the U.S. Being more disciplined with selling a portion after an aggressive run-up Link to comment Share on other sites More sharing options...
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