50 and older, I’m sorry, but in my personal experience, your advice has been a little out of date.

  • deathbird@mander.xyz
    link
    fedilink
    arrow-up
    1
    ·
    2 days ago

    Everything in the market is exposed to varying degrees, unless you have something particular in mind? If you can think of a stock that will go up when AI goes into freefall, name it, please.

    • CanadaPlus@lemmy.sdf.org
      link
      fedilink
      arrow-up
      1
      ·
      2 days ago

      G4S, Dollar Tree or a payday lender like Curo Holdings should go up in a major downturn. Specifically if/when AI craps out, some of the big losers in white-collar services would rebound, although I don’t know enough to really give details on that. Lots, like Nestle or Goodyear, aren’t countercyclical but will be fairly unaffected, because they aren’t in tech and sell something people can’t really do without.

      Yes, everything in the market is exposed to volatility. In which direction can vary, though. If you have a crystal ball and know the bubble is imploding this quarter, you could also buy bearish options on things like Nvidia. (There’s no off-the-shelf options that go out many years, I checked)