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.
I’ve been unemployed for months (very hard finding a job right now) and may not be able to afford to pay my mortgage soon. Thinking about buying an old RV once I need to start dipping into my investments to pay my bills, because my investment money won’t last me long with my high mortgage payments. I’m probably a bit “underwater,” so will probably need to just “walk away” from my mortgage if I can’t find a job. Half my investment money is currently in gold, maybe 5% in European defense stocks, and the rest in cash. My investments were mostly in tech a couple months ago, but I felt like the AI bubble was going to pop soon, and there’s no way the economy will be good during the self-coup that’s happening right now. I do have some food and water stored in case of some kind of disaster. Probably need to get some dental work done while I can. Also stocked up on ammo in case something crazy happens, like roaming death squads, so I can go out fighting. Might put another 10% in gold today; not really sure if we’re going to experience monetary deflation or inflation yet; could see it going either way, depending on the Fed, fiscal policy, and if countries start abandoning the dollar.