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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: WendyBG x2🐝  😊 😞
Number: of 4460 
Subject: Re: Beware the Ides of March ...
Date: 09/18/25 2:42 PM
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It's worth remembering that "Cash Flow is King."

A crash like the one you describe usually is followed by a recession which reduces the profits of many companies. Even Dividend Aristocrats may cut their dividend at the same time that the price of the stock falls. (Remember General Electric in 2009.) Also, stagflation may result as happened in the 1980-82 recession.

The truly risk-averse will make sure that their expenses are covered by cash or by inflation-adjusted sources of income like Social Security and TIPS.

Wendy
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