What actions do you take if you think we're heading into recession and equities will keep dropping?
So besides for keep buying (DCA) do you also buy options(puts) or perhaps add things like gold? What's the typical safety steps to consider?
Novice here so comments appreciated

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Keep buying every 2 weeks. Make sure you have a healthy emergency fund.

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Ya I wouldn’t put all of my emergency fund in them - start with $10k then maybe add another $10k after a year

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I'm insuring my valuables so they can be "stolen"

funny

Great, you can get in on this and we can split the winnings. My house will be unlocked from 5-6pm tomorrow and I've already put silly string on the ring

Have a fully funded and liquid emergency fund. Invest whatever you can into VTI. Keep it simple.

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I bought 3900 spy puts at 435 in January with a 12/2023 expiration. Trouble is I also sold 3900 spy puts at 330. So if the market keeps dropping I loose my hedge. I’m thinking of buying more out of the money puts.

Just dca. If you have to ask this question, you're pendant not savvy enough to make money timing the market and messing with derivatives.

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