> . I’d rather save my cash than put it into another person’s hands hoping for modest interest returns at the risk of knowing we’re just around the corner from another 2008-like crisis.
I'm not sure I understand; if you had a basic passive portfolio during the 2008 financial crisis, you did pretty well for yourself: crashing rates meant that your bond-heavy portfolio increased in value. On top of that, rebalancing the longer-term portion of your allocation into stocks at the nadir means you got a ground floor ticket to a historically good bull market. All of this is with the most conservative, mechanical, low-touch investing strategy possible.
I might be misunderstanding something about the above, but failing that: what is your actual concern about another 2008-crisis-like event?
I'm not sure I understand; if you had a basic passive portfolio during the 2008 financial crisis, you did pretty well for yourself: crashing rates meant that your bond-heavy portfolio increased in value. On top of that, rebalancing the longer-term portion of your allocation into stocks at the nadir means you got a ground floor ticket to a historically good bull market. All of this is with the most conservative, mechanical, low-touch investing strategy possible.
I might be misunderstanding something about the above, but failing that: what is your actual concern about another 2008-crisis-like event?