We're now currently approaching a 9 year bull market, and I'm getting very disillusioned with the rhetoric that this time is different and we won't see a huge correction similar to the tech bubble or 2008 crash.
I made about 50% returns in 6 months and cashed out last month. I'm now effectively sitting on the sidelines watching as inflation eats away at my cash.
I'd like to take advantage of the remaining bull market, however, I'd like to limit the downside. Whats the best approach? Covered calls? Bonds? Hard assets?
I'm in my early 20s with $20k CAD in a Canadian exchange and $25k USD on an American exchange, I would say I have a fairly high risk tolerance given that I've made most of my returns in tech/biotech/crypto however I'd like to limit that risk since I'm getting sheepish about taking high risk positions in this environment.
Submitted November 24, 2017 at 01:58PM by pythonfanatic http://ift.tt/2n15izU
