You can just not have investments, which is more common than you think. Being young, lots of people I know don't even have enough of a cushion to invest, and others want to avoid all risk (especially in the current market) and park their money in a high-interest savings account.

Of course, this doesn't insulate you from second- or third-order effects, but it does remove the possibility of your money being immediately wiped out. It's really not as bold or crazy as you say it is.

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HDBaseT 17 hours ago | parent | next [-]

If you work, you inevitably have some investments occurring. But every working adult is invested in the stock market.

If you are young, impact is less scary because you still have 20, 30 or 40 years for the market to go back up.

	▲	sph 3 hours ago \| parent \| next [-]
		> every working adult is invested in the stock market Are you aware of the existence of other countries which do not operate like the US? (no mandatory pension fund, etc.)
	▲	tavavex 4 hours ago \| parent \| prev [-]
		If you're talking about employer retirement savings, even then not everyone has them, and the young people who do will only have an insignificant amount of assets invested into them due to not having had time to accumulate wealth.

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darth_avocado 16 hours ago | parent | prev [-]

As long as you participate in the economy, a recession will get you. Even if you’re poor, homeless and unemployed, people’s generosity towards you in a recession goes down.

	▲	tavavex 4 hours ago \| parent [-]
		I know, that's what the second paragraph of my comment says.