No, not the little half-million dollar mortgage debt you may be carrying, I’m talking about the big debt. Government debt. Everybody’s doing it, but there isn’t a lot of comfort in the numbers right now. Investors around the globe are showing more and more fear of big unmanageable debt loads and defaults.
A recent report out of BMO Capitol Markets goes so far as to recommend moving into ‘cash or cashlike instruments‘.
So lets presume you’ve got money rather than debt. What are you doing to protect it and make it grow? Are you moving into or out of equities or are you burying it in a jar in the backyard?