Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: I Can't Figure Stuff Out

By: Decomposed in FFFT | Recommend this post (0)
Tue, 29 May 12 7:28 PM | 33 view(s)
Boardmark this board | Food For Further Thought 		Msg. 42637 of 65535
(This msg. is a reply to 42634 by killthecat)
Jump:
Jump to board:
Jump to msg. #

re: "You're a brave fellow."

My portfolio is diverse. I've got dollar-backed investments I gamble with (such as the 401(k)), assets that should appreciate with inflation (such as liquor, firearms, land), depreciating assets that I use and enjoy (my truck, my tractor, the house up North), and assets out of direct U.S. control (foreign currencies.)

So, I don't know about being brave. The 401(k) is a damned-if-you-do / damned-if-you-don't proposition. Whether it's in the markets or not, it's probably going to lose value in real terms. It doesn't actually take courage to leap from a tall building when the only alternative is staying put and burning to death.




Avatar

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

» You can also:
- - - - -
The above is a reply to the following message:
Re: I Can't Figure Stuff Out
By: killthecat in FFFT
Tue, 29 May 12 7:15 PM 		Msg. 42634 of 65535

Thanks DE. You're a brave fellow. I fear losing what modest profits I've earned this year, after a bleak 2011.

I noted a tiny stimulus in China, but that's about it. Don't know if Bernanke is handcuffed or not. He's still 'twisting' till June 30.

« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next