this post was submitted on 03 Apr 2025
36 points (95.0% liked)

AskUSA

486 readers
166 users here now

About

Community for asking and answering any question related to the life, the people or anything related to the USA. Non-US people are welcome to provide their perspective! Please keep in mind:

  1. !politicaldiscussion@lemmy.world - politics in our daily lives is inescapable, but please post overtly political things there rather than here
  2. !flippanarchy@lemmy.dbzer0.com - similarly things with the goal of overt agitation have their place, which is there rather than here

Rules

  1. Be nice or gtfo
  2. Discussions of overt political or agitation nature belong elsewhere
  3. Follow the rules of discuss.online

Sister communities

  1. !askuk@feddit.uk
  2. !casualuk@feddit.uk
  3. !casualconversation@lemm.ee
  4. !yurop@lemm.ee
  5. !esp@lemm.ee

Related communities

  1. !asklemmy@lemmy.world
  2. !asklemmy@sh.itjust.works
  3. !nostupidquestions@lemmy.world
  4. !showerthoughts@lemmy.world
  5. !usa@ponder.cat

founded 3 months ago
MODERATORS
OpenStars@discuss.online
admiralpatrick@discuss.online
m_f@midwest.social
m_f@discuss.online
ptz@dubvee.org
Anticorp@lemmy.world
36
How are US citizens preparing for the impending recession on the horizon? (self.AskUSA)
submitted 3 days ago by AmbiguousProps to c/AskUSA@discuss.online
14 comments fedilink hide all child comments
 

Personally, I've moved most of my investments into money market funds and plan on buying the dip, just like the multi millionaires. Other than that, I'm getting stocked up on shelf stable foods, and trying to get to know my neighbors a little better.

you are viewing a single comment's thread
view the rest of the comments
[–] AmbiguousProps 4 points 3 days ago* (last edited 3 days ago)

It's possible, for sure. I tend to stick to the less risky plays with money market funds, bond funds, and sometimes the inflation ETFs, even before this. Right now, not including my 401k (which maybe I should update as well), I'd say about 80% of it is in money market funds, maybe slightly more. If it starts going the other way, I'll definitely need to move to the inflation ETFs ASAP.