Curious timing
Dimon’s alarming comments came on the same day as the conclusion of the BRICS Summit, where Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates met to discuss deepening their integration.
However, Dimon may have had other reasons much closer to home for speaking on geopolitics to a finance crowd.
According to the New York Times, Dimon privately supported Kamala Harris for president, but didn’t want to do so publicly out of fear of retribution from Donald Trump. Dimon, a registered Democrat, was reportedly also hoping for a post as the Treasury Secretary in a Harris administration.
With those hopes dashed, it seems as though anything might happen during a second Trump term. That's why it can be a good idea to start preparing for any economic scenario with help from an accredited financial professional.
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See the stepsWhat to own in times of crisis
Whether you are concerned about Dimon's warnings or not, they might inspire you to start thinking about your own response to potential global instability.
Given the ongoing conflicts around the world and other uncertainties looming in the distance, it might be tempting to hide out in cash.
But many market veterans, including Warren Buffett, don't exactly believe in stashing your savings under the mattress.
“The one thing you can be quite sure of is if we went into some very major war, the value of money would go down,” he told CNBC in 2014. “That's happened in virtually every war that I'm aware of. So the last thing you'd want to do is hold money during a war.”
Consumers have learned firsthand the risk of holding money over the past few years of rampant inflation. What should investors own instead? Buffett has always believed in productive assets, and he stands by that even in times of crisis.
“You might want to own a farm, you might want to own an apartment house, you might want to own securities,” he said.
Commercial real estate could offer another hedge against uncertainty. With First National Realty Partners (FNRP), you can invest in institutional-quality commercial real estate.
FNRP has developed relationships with the nation’s largest essential-needs brands, including Kroger, Walmart, and Whole Foods. The firm offers accredited investors access to these types of promising retail-anchored real estate investments.
Their team makes investing in commercial real estate convenient and simple by offering white-glove service to investors. They act as the deal leader, providing expertise and doing the legwork, while investors can use their secure platform to explore available deals, engage with experts and easily make an allocation.
New investing platforms are also making it easier than ever to tap into the real estate market.
For accredited investors, Homeshares gives access to the $36 trillion U.S. home equity market, which has historically been the exclusive playground of institutional investors.
With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property.
With risk-adjusted internal returns ranging from 12% to 18%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets.
If you’re not an accredited investor, crowdfunding platforms like Arrived allows you to enter the real estate market for as little as $100.
Arrived offers you access to shares of SEC-qualified investments in rental homes and vacation rentals, curated and vetted for their appreciation and income potential.
Backed by world-class investors like Jeff Bezos, Arrived makes it easy to fit these properties into your investment portfolio regardless of your income level. Their flexible investment amounts and simplified process allows accredited and non-accredited investors to take advantage of this inflation-hedging asset class without any extra work on your part.
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