Title: 21 years old, €22k cash + €20k in gold coins — defensive portfolio and post-bubble strategy?
I’m 21 years old and currently sitting on around €22,000 in cash.
On top of that, I also hold approximately €20,000 in physical gold coins.
I recently liquidated my entire investment portfolio because I believe we’re approaching a significant AI-driven market bubble. I’m fully liquid on the financial side now and trying to think several steps ahead.
My objectives are very clear:
1. Protect capital in case of a major market or AI bubble burst
2. Be positioned to rotate capital into undervalued assets during and after the crash
What I’m trying to design:
• A defensive / anti-bubble portfolio to hold before and during a potential downturn
• A clear post-crash allocation strategy to deploy capital once valuations normalize
Questions:
• How would you structure a portfolio today to be resilient in a tech or AI-led downturn, considering I already have significant exposure to physical gold?
• Which asset classes tend to hold value or appreciate when speculative bubbles burst?
• How much weight would you keep in cash vs defensive assets?
• After the crash, what should the focus be? High-quality tech at reset valuations? Value stocks? Cyclicals? Small caps? Real assets?
I’m young, long-term oriented, and comfortable with volatility, but I want to act rationally and systematically rather than emotionally when the cycle turns.
Looking for serious, thoughtful perspectives rather than generic “just DCA into the S&P 500” answers.