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Cake day: July 5th, 2023

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  • or that mainstream (S&P, Nasdaq) financial investments were no longer sound, what can one do to prepare for “the worst”?

    Investors that factor in world markets would probably do okay as long as you’re talking just U.S. economic troubles. e.g. right now VT (total world stock ETF) is weighted 64.70% U.S. market due to market strength. So in theory if the U.S. tanked and other countries have better markets for investing then the weights would shift to the other side and maybe being closer to 30% U.S. vs rest of the world’s markets weighted towards 70%.