After coup attempt in Russia, how should you invest $100,000 right now?
Got $100,000 to spare? If so, do the opposite of what happened in Russia over the weekend — don’t make any sudden moves.
What should you do with money sitting in your bank account? Take that theoretical $100,000. Where should you invest it — or stash it? Should you be worried by the latest events in Russia, which some commentators say could spell the beginning of the end of Putin’s iron-grip hold on power? “‘The world is in constant turmoil and despite world wars, civil wars and the rise of authoritarianism throughout history, markets move upwards over time.’”
“I would be very nervous to be invested in oil and gas right now with pending volatility between the controlling players, and [would] feel under-allocated to global energy future if I wasn’t exposed to lithium and copper especially,” said Will McDonough, co-founder and CEO of EMG Advisors. — Will McDonough, co-founder and CEO of EMG Advisors Mark Dizard, chief investment strategist at PNC Asset Management Group, said, “Given an ongoing war with Russia and Ukraine, global monetary policy tightening, higher than targeted inflation, and a possible recession facing the U.S. and other developed market economies, we continue to like quality exposures across equities,” he said.
“‘Geopolitical and other risks also see us favoring large cap over small cap. Within fixed income we are focusing on core exposures avoiding credit like high-yield and leveraged loan.’”
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