They fall victim to something known as the paradox of wealth preservation by investing in
supposedly safe assets that, well, actually destroy their wealth.
The weakness of this approach was revealed in 2008 and during the European debt crisis when
supposedly safe assets turned out to be dangerously risky.
Not exact matches
Judging by the investments that are underperforming so far this year, the
supposedly safe - haven
assets — the ones you counted on to keep your portfolio stable during periods just like the current one, when market volatility surges — are turning out to be not so
safe after all.
Regardless of bitcoin's
supposedly safe - haven status, right now it's acting like a risk
asset — a risk
asset with a lot more beta.