Enjoy the High Interest Better Off
Having sold almost all stocks in the first quarter of 2022, leaving less than 8% money in the US markets with which all are market index ETFs. In view of (i) the world economy is going downhill and needs a long time to recover; (ii) energy crisis due to the political reasons and short of supplies; (iii) political instability and regional tensions among and between some countries; (iv) the super hyperinflation pushing the interest rate shoots up off the chart (Once this happens, as I had mentioned before, the economy will be cooled down and stock markets will have to experience sell-offs), and on top of that, the prognosis of the future world economy is groomy, I would rather be more conservative than aggressive/speculative when it comes to investment. I am perhaps one of the other pessimists and I don't expect that it will have a quick turnaround, as someone puts it saying "this is a great buying opportunity", "it's coming to revive". (Well, while they say