How are people preparing for Brexit? What do they think is going to happen? What do you think will happen if (as seems likely), the deal is rejected in parliament next week?
I’m preparing by tutting loudly and rolling my eyes a lot. Not much else I can do really
From an investment perspective I continue to invest in certain battered stocks but am keeping quite a sizeable amount of cash to one side to tranche into the markets if/when they tank, correct or similar such. Pound cost averaging is your friend as timing is fiendishly difficult, though I end up trying both.
I chose 3 etfs I believe represent solid investments - I plan to keep putting money into them regardless and then reap the huge returns in 10-15 years …
Suppose I should do a serious answer
If I had the money available I’d be diversifying my portfolio more with bonds, physical gold and the other commodities that are coming soon. I have Chinese, Japanese, World and S&P ETFs already so I’m trying to spread it round different markets.
Echoing what @Luccathedog said, I am continuing to DCA into a Global Fund, whilst also keeping a good amount of cash relative to my portfolio size, just in case there are any great opportunities that arise from Brexit.
I also have a couple of companies that I am long on, and will be holding for the long term. Albeit, their share prices have tanked a bit the last few months!
Regardless of Brexit, there has been a bull market for 10 odd years, so am hoping individual stocks prices come down at some point in the next couple years. When they do, I’ll be more confident in investing in single stocks.