Gold and silver are considered a hedge against long term bear market / recession / war. But how about the opposite? What if i want to protect a portfolio against a long term bear / sideways trend in gold & silver with stocks? And at the same time, do not reduce PM allocation? (just add more stocks)
That would rather be stocks which GENERALLY and broadly benefit from economic expansion/technology improvement, but without the specific risk associated with their market niche…. right?
But heres the most difficult part. I also dont expect positive decade economically – so stocks like Walmart, Mastercard, Apple, P&G, Coca Cola… – i am not bullish on “consumer” stocks.
I also dont like bonds or cash.
My ideas as of now are:
- high tech stocks, mostly chip-makers: NVDA, TSMC, TXN, ASML, QCOM, AMAT
- software: MSFT, ORCL, C3 ai, Adobe (Adobe i guess has the strongest competition)
- boring , high divided , blue chip stocks, like: RIO, EPD, BHP, Vale, DLR
Thoughts?
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