On the 5th of June, the United States will raise its debt ceiling and make adjustments to its spending methodology.
This is a tricky situation that may affect a number of things in the economy. It may even move the markets violently in either direction.
And this can cause a lot of mixed reactions: panic, upset, and overwhelm. What everyone wants is to come out of this situation safe and with their wealth intact.
So what should you do if you’ve already invested in the stock market?
And what does raising the debt ceiling mean for the future of the United States?
In today’s episode, you’ll learn what moves you should make in the event of the US raising its debt ceiling. You’ll also discover what the probable future holds in store for the US if they falter on debt payment.
Show highlights include:
- The debt ceiling: what it is, and how it could be a problem. (1:52)
- 3 options you can consider if you’re in the stock markets already (and the most profitable one you can take). (3:08)
- Why it’s dangerous for you to pay close attention to the news & banter surrounding the debt ceiling. (4:09)
- Should you sell your stocks and turn your investments to cash? Here are some challenges you might face if you do. (5:14)
- Why the United States isn’t likely to default on its debt payment (or collapse into an apocalypse). (8:45)
- Why you should avoid panic-selling before June 5th (and how you can actually profit by staying put). (11:02)
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