4 ms·
Don't keep savings in US cash. This thing is quickly being driven to the edge of the cliff. I'd stay out of US securities at all for that matter. Dems are rampi
by Trias11 5y ago
Don't keep savings in US cash. This thing is quickly being driven to the edge of the cliff. I'd stay out of US securities at all for that matter. Dems are ramping us their game to tax people like you to death, so better keep your hard-earned savings out of their hands.
Assume value of USD goes down a lot and possibly soon and likely whole US economy, hence plan for it.
I'd suggest international real estate and crypto.
I'd also suggest to invest in second or third residency and passport in highly likelyhood of government getting even more stupid.
Crypto has multiple levels from beginner to extremely aggressive high risk/high reward games, pick your poison.
Not an investment advise. You may lose 100% of your savings.
- whateveracct 5y agoonly on HN would the top advice for this type of question be "prepare for the downfall of the United States economy"
- drekipus 5y agoIt's written in other places as well
- purebullshit 5y agoWritten by Gold or Bitcoin people :)
- purebullshit 5y agoThis is pure bullshit. US goes down etc are dreams. Such tales are being told by people for years who want to market alternative speculative systems. If US crash, it will take the whole world down with it too. Many countries are depends on USD. Sometimes you have to keep savings in cash when all available investments are overvalued. US treasuries are amazing right now, even Buffet put lot of money on them. Anyway, I suggest the OP to get a financial advisor. HN is not the place to ask financial advice.