Nuclear war breaks out: what would you do with your investments?
Take the chance to buy more, or try to sell everything?
This is a real question that was asked of new clients at a wealth management firm where I used to work. No further elaboration on the two available choices, by the way. Any interpretation of what nuclear war would entail is acceptable.
JA_NC, pure crickets, that's where I come in. Any of these useful?
Who will rescue this thread? michaelmoreno2010 Whyphy BirdoInBoston
I hope those threads give you a bit more insight.
HMNY...All In.
This is so dumb, and I would politely explain that to the client. If an actual nuclear war broke out, with multiple countries nuking each other (with the US obv bing a part of this since its the biggest nuclear superpower), investments wouldn't matter. The markets would likely shut immediately and everything would be illiquid for the foreseeable future. NYC would for sure be a top 2 nuke target for American enemies, and no one would be looking to stick around that city. NYC would turn into a Mad Max dystopia real quick.
All that would matter is having guns, ammo, water, canned goods, family/people you trust and some place at least 100 miles away from a all major metro areas where you could hopefully wait it out and avoid fallout. Also, if you are an able bodied male between 17 and 45 you're likely getting drafted into the military.
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