- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Diversification Strategies for when Biden/Democrats cause Inflation?
Posted on 4/29/21 at 4:11 am to TheAustinMan
Posted on 4/29/21 at 4:11 am to TheAustinMan
quote:
The question is how to deal with the inflation so that all of our hard earned money doesn't just go to waste?
you give it to the feds so they can manage it for you, of course. it is for the good of the people. are you a racist or something?
Posted on 4/29/21 at 6:58 am to The Maj
You can hold your money in a denomination other than the US dollar. Open an account at a bank like HSBC that is international. That allows you to travel with easy access to your money, and allows you to hold your money in the denomination of a country that ISNT debasing it’s currency, thus maintaining it’s value. Not everyone is printing money and throwing it out to anyone in exchange for their vote.
Posted on 4/29/21 at 7:07 am to tenderfoot tigah
quote:I see so many mixed reviews on this and can't wrap my head around a safe approach to this type investment as in, how to buy it, where to store it, etc., etc.
Crypto is today's gold and silver.
My hedge is land. I have been looking for land to lesson the cash on hand. Commodities seem to be inflation "protected" but not inflation proof. TIPS is a bit of enigma because it's tied to CPI which is a made up number but all of this crap is taking its toll on me. Work all my life, skimped all my life and these stupid sons a bitches want to destroy the country so they can rebuild it the way they think it should look.
Posted on 4/29/21 at 7:16 am to TrueLefty
Repeat after me, "The democrats will confiscate my IRA's, 401k's and investment accounts". Repeat that over and over and over until it sinks in your skull. A few years ago they (blood sucking democrats) were planning to do that, luckily, the Repubs regained control of Congress. There is nothing to stop them now. Just a matter of time. Look for evidence the democrats are about to move on confiscation. Like "IRAs'is raciss".
You'll thank me later.
You'll thank me later.
This post was edited on 4/29/21 at 7:31 am
Posted on 4/29/21 at 7:25 am to LSUSkip
quote:
you could put some in universal life insurance.
But you’d be a lot smarter not to do so. At least until the new Estate limits get written into law. Almost no one is better off with a death benefit than a simple stock/bond +/- REIT portfolio. You currently need to be worth over $11MM single or double if married for most good arguments to use whole life insurance as a smart investment.
Posted on 4/29/21 at 7:38 am to MDB
quote:
what's keeping crypto from being modern day .com bust
My concern as well.
Like the idea of crypto, but there's no inherent value.
Gold and Silver have industrial uses. Unlike Crypto.
Posted on 4/29/21 at 7:38 am to Hopeful Doc
quote:"Buy term - invest the rest" and the rest being invested in anything but insurance. That was a term used back in the day by AL Williams (I forget who they are today). But insurance is never a good way to save.
you could put some in universal life insurance.
But you’d be a lot smarter not to do so. At least until the new Estate limits get written into law. Almost no one is better off with a death benefit than a simple stock/bond +/- REIT portfolio. You currently need to be worth over $11MM single or double if married for most good arguments to use whole life insurance as a smart investment.
Posted on 4/29/21 at 7:40 am to TheAustinMan
Seems like all the American billionaires are buying land. Specially farm land.
Posted on 4/29/21 at 7:41 am to TheAustinMan
When?
Gold
Silver
Crypto
Hard assets. Start now. It’s coming.
Gold
Silver
Crypto
Hard assets. Start now. It’s coming.
Posted on 4/29/21 at 7:49 am to TheAustinMan
quote:
for when Biden/Democrats cause Inflation?
This has been happening since just about right after the Federal Reserve started by both sides.
Posted on 5/1/21 at 9:01 am to skinny domino
quote:
stay off the PT board.
Take your own advice
Posted on 5/1/21 at 9:23 am to TheAustinMan
Commodities
Energy
Farm land with access to water
Bitcoin
Energy
Farm land with access to water
Bitcoin
Posted on 5/1/21 at 11:19 am to RiverCityTider
Premium gas hit $3.45 already and is going up everyday.
Everything has been going up for years and now inflation is surging even higher
Everything has been going up for years and now inflation is surging even higher
Posted on 5/1/21 at 11:38 am to TheAustinMan
In the race to inflation, Venezuela has a big head start, but Biden has a plan to catch up.
I can feel the inflation at the grocery store already. It usually lags 6 months to a year after the triggers.
I can feel the inflation at the grocery store already. It usually lags 6 months to a year after the triggers.
Posted on 5/1/21 at 11:39 am to Diamondawg
quote:
My hedge is land.
They will come for that too.
These people are communists.
Posted on 5/1/21 at 11:44 am to RogerTheShrubber
quote:Maybe - but that wasn't the question. The question was about inflation. If "they come for that, too" - it doesn't matter where or what you have it in, other than something offshore or something.
They will come for that too.
These people are communists.
Posted on 5/1/21 at 11:45 am to Dawgfanman
quote:
Gold and Silver haven’t kept up with inflation, at least not in recent memory, why buy?
Holy dumbass batman
Popular
Back to top
Follow TigerDroppings for LSU Football News