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[–] 3 points 2 hours ago (1 child)

It's a good time to learn about what investments are in your 401k if you have any. You can look at the data sheets on the investments to see what stocks the index funds are made of. I'm moving mine to International index funds that are not tech heavy. I'm no expert in investing but I have heard that it's sound to invest in companies that make basic things that people need.

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  • [–] 2 points 50 minutes ago

    Healthcare, consumer staples and utilities are considered to be defensive stocks because they are always needed regardless of economic situation.

    I am minimising my exposure to US stock market as well. There is the perception that the European stock market doesn't have the explosive growth the way that US stocks does but it is at least safer.

    Japan could also be considered safe and their stock market have been on the rise after 30 years of stagnation.

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