US Treasury Bonds

I dont think I will invest in US 10- Year Treasury Bonds or any of their long term investments. Reason being that USA debt amount has been rolling to a skyrocket high and printing bills is not going to solve the problem. With inflation and rates hikes by the USA Government, it is a matter of time that it will snowball the economy into a recession and job cuts. Even after Covid-19,  companies are still recuperating its losses. Big companies like Google, Facebook, Apple, Microsoft have the funds to withstand the stormy days but small companies with limited funds will eventually closed their business and file for bankruptcy.

There is still uncertainty on the economy and what is to come. I think businesses will take another 2 years to recover its losses and some may recouped by next year 4th Quarter.

Whatever it is, I am looking out to cash out all my stocks and close my accounts. I will diversify with Fixed Deposits, hold some dividend stocks, put some in Regular Savings Plan to grow my money.

Actually Banks are not a good investment anymore. Many have lost monies to fraudulent scams by paying out fraudulent claims for loan. With the collapsed of US banks many countries banks are affected. Hence the need to introduce Fd to aid their losses.

I cannot wait to sell off and trusting my God to help me on this.

Happy Investing :)