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Sure. But. Where do you put the money? Gold? Silver? Or bank accounts? Macys? Maybe oil is the future?
by ransom1538 8y ago
Sure. But. Where do you put the money? Gold? Silver? Or bank accounts? Macys? Maybe oil is the future?
- frockington 8y agoShort - mid term bonds aren't very correlated with increasing interest rates. I normally loathe gold/silver but commodities tend to do well in a rising rate environment.
- deleted 8y ago[deleted]
- 45h34jh53k4j 8y agoBitcoin.
- deepnotderp 8y ago> Issue caused by centralized monetary policy. > Suggests decentralized alternative. > Gets downvoted into oblivion Look crypto isn't perfect, and it's highly volatile, so maybe putting all your life savings into bitcoin isn't the best idea, but knee jerk reactions like this don't help with substantive discussion.
- lkrubner 8y agoThere have been dozens of substantive debates on Hacker News in recent weeks, regarding Bitcoin. And the smart people say it’s a scam. And we can’t have this debate in every single thread. At this point, it seems reasonable to simply downvote the people who are saying unreasonable things.
- sjg007 8y agobitcoin seems stable at $8k.. why is that?
- timr 8y agoThe good thing about rising interest rates is that you have a lot of "safe" options -- bonds, CDs, savings accounts, etc. Rates are rising across the board. Stocks are in for a rough ride, but if you're into a diversified market for the long term, probably as good as ever.
- sjg007 8y agobitcoin.