Food and used cars are cheap, but I’m not sure how you can speculate on things that lose value with time. O yeah old boats are also cheap, good luck making money off one though. I think you have to look to the future and find what people are going to be willing to pay for, maybe one of those fido DNA companies that supposedly will tell you what kind of mutt you have (though how they can do it for $69 is beyond me). I really wish I could invest my 401k into gold as inflation will destroy any safe money I now have.
[quote=carlsbadworker]Cash is unloved right now. Bernanke begs us to speculate, and we are obedient.[/quote]
Bingo.
IMHO, the best position for the future is the most painful position today.
The most painful position currently is to be in cash. It’s obvious that the PTB is trying to move heaven and hell in order to get us out of our cash positions. It’s why I’m sitting tight.
[quote=carlsbadworker]Cash is unloved right now. Bernanke begs us to speculate, and we are obedient.[/quote]
Bingo.
IMHO, the best position for the future is the most painful position today.
The most painful position currently is to be in cash. It’s obvious that the PTB is trying to move heaven and hell in order to get us out of our cash positions. It’s why I’m sitting tight.
[quote=carlsbadworker]Cash is unloved right now. Bernanke begs us to speculate, and we are obedient.[/quote]
Bingo.
IMHO, the best position for the future is the most painful position today.
The most painful position currently is to be in cash. It’s obvious that the PTB is trying to move heaven and hell in order to get us out of our cash positions. It’s why I’m sitting tight.
[quote=carlsbadworker]Cash is unloved right now. Bernanke begs us to speculate, and we are obedient.[/quote]
Bingo.
IMHO, the best position for the future is the most painful position today.
The most painful position currently is to be in cash. It’s obvious that the PTB is trying to move heaven and hell in order to get us out of our cash positions. It’s why I’m sitting tight.
[quote=carlsbadworker]Cash is unloved right now. Bernanke begs us to speculate, and we are obedient.[/quote]
Bingo.
IMHO, the best position for the future is the most painful position today.
The most painful position currently is to be in cash. It’s obvious that the PTB is trying to move heaven and hell in order to get us out of our cash positions. It’s why I’m sitting tight.
CA renter you talked me out of my CA money market fund at one of the meetups. This was where I had my downpayment savings due to its double taxfree nature.
I since changed to a more diversified fund and suck it up on the state taxes. Not like there’s much interest being paid nowadays anyway…
I have to admit I’ve slept better since I took your advice. 🙂
CA renter you talked me out of my CA money market fund at one of the meetups. This was where I had my downpayment savings due to its double taxfree nature.
I since changed to a more diversified fund and suck it up on the state taxes. Not like there’s much interest being paid nowadays anyway…
I have to admit I’ve slept better since I took your advice. 🙂
CA renter you talked me out of my CA money market fund at one of the meetups. This was where I had my downpayment savings due to its double taxfree nature.
I since changed to a more diversified fund and suck it up on the state taxes. Not like there’s much interest being paid nowadays anyway…
I have to admit I’ve slept better since I took your advice. 🙂
CA renter you talked me out of my CA money market fund at one of the meetups. This was where I had my downpayment savings due to its double taxfree nature.
I since changed to a more diversified fund and suck it up on the state taxes. Not like there’s much interest being paid nowadays anyway…
I have to admit I’ve slept better since I took your advice. 🙂
