Thanks guys. A friend of mine has sunk a lot of money there and is thinking of putting in even more. He seems to think that it’s a sure thing (no more land) and could double his money within 3-4 years.
wow, 11.5% ? i always thought that inflation is in 3-5% range.
i don’t know if there is anything (not the risky/speculative) out there that would hedge against this 11.5% inflation. please advise. thanks.
by the way, i am thinking of putting some money into office REIT, particularly EOP. what do you guys think ?
sorry for the dup.
HeavyDuty and others,
In your opinion, how much one loses to inflation when putting money in 5% return money market saving accounts ?
also, it looks to me that for the past 2 years, the bond index did not gain more than 5%.
thanks.
HeavyDuty, in your opinion, how much one loses to inflation when having money in 5% return money market saving accounts ?
also, it looks to me that for the past 2 years, the bond index did not gain more than 5%.
thanks.
jg, for such a newbie like myself, would you elaborate on “safe” places to park your money when things get really bad ? thanks.