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It appears the dollars is going down

Posted on 4/14/11 at 8:21 am
Posted by IbalLSUfaninVA
Alexandria
Member since Jul 2008
3540 posts
Posted on 4/14/11 at 8:21 am
Where is a good place to put your money a a buffer?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 4/14/11 at 8:38 am to
Coffee can in the back yard.

Or a global bond portfolio, but that's too logical for most people who make brash statements.
Posted by IbalLSUfaninVA
Alexandria
Member since Jul 2008
3540 posts
Posted on 4/14/11 at 8:54 am to
quote:

Or a global bond portfolio, but that's too logical for most people who make brash statements.


Global Bond - Is that like James Bond or you just joking?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 4/14/11 at 9:12 am to
What? No, I am not joking. I don't think I get it.
Posted by Chicken
Jackassistan
Member since Aug 2003
27294 posts
Posted on 4/14/11 at 9:17 am to
one option is to just spend it...in the future, it will be worth less than it is now...

Posted by IbalLSUfaninVA
Alexandria
Member since Jul 2008
3540 posts
Posted on 4/14/11 at 9:19 am to
quote:

one option is to just spend it...in the future, it will be worth less than it is now...


I just look up Global Bond, it appears this is a good buffer to use since the falling dollar.
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6964 posts
Posted on 4/14/11 at 9:32 am to
When did you notice the dollar going down? It's been going down for a long time.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/14/11 at 9:55 am to
"the dollars is going down" is internet lingo at its finest and why I love the internets.
Posted by Chad504boy
4 posts
Member since Feb 2005
176752 posts
Posted on 4/14/11 at 9:57 am to
i give my dollars to homeless people. I hear they are going to a coin anyways.
Posted by OohPooPahDoo
Member since Apr 2011
734 posts
Posted on 4/14/11 at 10:54 am to
quote:


Where is a good place to put your money a a buffer?



If you don't need it for 5 or more years, buy an inflation protected treasury bond.

If you need it sooner - food, guns and ammo, diapers, cigarettes, and blue tarps - those things will always hold value.

Whatever you do don't buy gold.
This post was edited on 4/14/11 at 10:55 am
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 4/14/11 at 12:38 pm to
The dollar has never not gone down, which is a good thing. Deflation tends to be bad for a variety of reasons.

Just invest in something that will pay a return (hint: not precious metals). Some will do better than others in an inflationary environment though. You might try real estate, for example. This could be great if you can get it with a 30 fixed rate mortgage. A lot of stocks, especially the big multinationals, should do just fine.

Just don't *buy* 30 year bonds.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/14/11 at 12:41 pm to
I saw that iShares is about to release a floating-rate bond etf. Pretty interesting to me, good way to get exposure to stuff for people who wouldn't normally be able to.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26725 posts
Posted on 4/14/11 at 2:38 pm to
What benchmark is the floating iShares ETF tied to?
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/14/11 at 2:52 pm to
LINK

quote:

The fund will track the Barclays Capital U.S. Floating Rate Note <5 Years Index, a market-capitalization-weighted benchmark that at the end of February comprised 281 issues. But it will use a representative sampling strategy, meaning it won’t own all the securities in the benchmark.
Posted by Bunk Moreland
Member since Dec 2010
66986 posts
Posted on 4/14/11 at 3:06 pm to
Why all the gold-bashing in a thread where the OP seems tailor-made to goldbugs' main argument -- that it's a wonderful store of wealth preservation?

Now, if you see a deflationary script, I would see your concern...
LINK
LINK
LINK
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6964 posts
Posted on 4/14/11 at 5:00 pm to
The 2011 Gold Quiz

Yeah, don't buy gold. It's an ancient relic.
Posted by GumboPot
Member since Mar 2009
139158 posts
Posted on 4/14/11 at 5:33 pm to
quote:

It appears the dollars is going down


Compared to what and in what time frame?
Posted by Tim
Texas
Member since Jan 2005
7115 posts
Posted on 4/14/11 at 6:22 pm to
quote:

Whatever you do don't buy gold.


buy silver instead
Posted by GumboPot
Member since Mar 2009
139158 posts
Posted on 4/14/11 at 6:28 pm to
quote:

buy silver instead


Speaking of silver, it hit its highest price since 1981 (not adjusted for inflation).
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6964 posts
Posted on 4/14/11 at 9:30 pm to
quote:

Whatever you do don't buy gold.


quote:

Buy silver instead


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