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> 4) Rates going up to counter inflation. I want this one since I have cash and don't care if rates are 2% or 20%. You're likely making a bad bet by holding on

> 4) Rates going up to counter inflation. I want this one since I have cash and don't care if rates are 2% or 20%. You're likely making a bad bet by holding on to cash. The inflation and low rates are doing their job for the most part by driving investment and spending, and you're swimming against the current by doing exactly what you're not supposed to be doing: hoarding cash. > 5) Vaccine mandate job losses. Supply. We're already back to full employment. These threats of en masse departures haven't really materialized, the few who haven't caved are just helping newer employment market entrants by offering up some nice safe jobs.

BuckRogers 5y ago
That's what this is about, getting rid of my cash. As I mentioned to someone else, before inflation kicks in bigtime, and timed around these risk factors. I've hoarded cash up until this point almost accidentally, I've just been too busy working to spend. I do like a cushion, but not the cushion I have now. On the mandate job losses, I think a lot remains to be seen. We have the airline issue going on right now, and I think that's directly related. Not sure there's any in-person "nice safe job" honestly. This is so far from being over in regards to variants, there's just no sense in all this. The only mandate people need is a mandate on employers that any job that can be done at home, shall be done at home. Then mandating hazard pay for those that must do their jobs in-person. Those are the only mandates that make sense to me, and I would hope that by Jove, even our most brainwashed vaccine-loving brethren could get onboard with.
- mullingitover 5y ago
  It's really easy to get your cash into a real estate ETF, giving you exposure to that market without any of the fuss or commitment of tying everything up with one property. > Those are the only mandates that make sense to me, and I would hope that by Jove, even our most brainwashed vaccine-loving brethren could get onboard with. I'm afraid that on a planet with 8ish billion meat-based life forms of extremely similar cellular makeup, vaccine mandates are going to be the norm going forward. Covid won't be the last pandemic, and vaccines are the best defense we have against them. It's not brainwashing to accept vaccination as a countermeasure, it's very clear-eyed realism.
  - BuckRogers 5y ago
    I agree but I hate the misuse of the term "vaccine" here. To me that's brainwash. These are closer to the flu shot than a vaccine that conveys sterilizing immunity like the polio vaccine. I'm uninterested in the flu "vaccine" and the COVID "vaccine". With their narrow band of immunity, that wanes after 6 months requiring yet-more longterm untested vaccine shots. I am interested in the polio vaccine, or any COVID vaccine that's sterilizing. I don't really want exposure to the real estate market. I put every tax-advantaged dollar that I can into index funds. I hate it, but I don't have a better option as a retirement vehicle. I figure if the stock market is down in 2040 from today's market, we have a lot bigger problems going on in the world than just my retirement. Should have invested in Glocks, Brownings, and ammo. Which I am, but not for that purpose, but rather home defense. When I finally own a home that is.
    - mullingitover 5y ago
      > I'm uninterested in the flu "vaccine" and the COVID "vaccine". With their narrow band of immunity, that wanes after 6 months requiring yet-more longterm untested vaccine shots. I am interested in the polio vaccine, or any COVID vaccine that's sterilizing. Covid and flu vaccines save lives in vast numbers, perfect or not, but the capacity to have a sense of responsibility beyond your own life isn't equally distributed in our society so I do see and understand your point of view here. Still, this is very confusing reasoning. Like refusing to use the seatbelt in your car because the car doesn't have side impact airbags.
tata71 5y ago
> We're already back to full employment. These threats of en masse departures haven't really materialized This is not universally true.

BuckRogers 5y ago

That's what this is about, getting rid of my cash. As I mentioned to someone else, before inflation kicks in bigtime, and timed around these risk factors. I've hoarded cash up until this point almost accidentally, I've just been too busy working to spend. I do like a cushion, but not the cushion I have now. On the mandate job losses, I think a lot remains to be seen. We have the airline issue going on right now, and I think that's directly related. Not sure there's any in-person "nice safe job" honestly. This is so far from being over in regards to variants, there's just no sense in all this. The only mandate people need is a mandate on employers that any job that can be done at home, shall be done at home. Then mandating hazard pay for those that must do their jobs in-person. Those are the only mandates that make sense to me, and I would hope that by Jove, even our most brainwashed vaccine-loving brethren could get onboard with.

mullingitover 5y ago
It's really easy to get your cash into a real estate ETF, giving you exposure to that market without any of the fuss or commitment of tying everything up with one property. > Those are the only mandates that make sense to me, and I would hope that by Jove, even our most brainwashed vaccine-loving brethren could get onboard with. I'm afraid that on a planet with 8ish billion meat-based life forms of extremely similar cellular makeup, vaccine mandates are going to be the norm going forward. Covid won't be the last pandemic, and vaccines are the best defense we have against them. It's not brainwashing to accept vaccination as a countermeasure, it's very clear-eyed realism.
- BuckRogers 5y ago
  I agree but I hate the misuse of the term "vaccine" here. To me that's brainwash. These are closer to the flu shot than a vaccine that conveys sterilizing immunity like the polio vaccine. I'm uninterested in the flu "vaccine" and the COVID "vaccine". With their narrow band of immunity, that wanes after 6 months requiring yet-more longterm untested vaccine shots. I am interested in the polio vaccine, or any COVID vaccine that's sterilizing. I don't really want exposure to the real estate market. I put every tax-advantaged dollar that I can into index funds. I hate it, but I don't have a better option as a retirement vehicle. I figure if the stock market is down in 2040 from today's market, we have a lot bigger problems going on in the world than just my retirement. Should have invested in Glocks, Brownings, and ammo. Which I am, but not for that purpose, but rather home defense. When I finally own a home that is.
  - mullingitover 5y ago
    > I'm uninterested in the flu "vaccine" and the COVID "vaccine". With their narrow band of immunity, that wanes after 6 months requiring yet-more longterm untested vaccine shots. I am interested in the polio vaccine, or any COVID vaccine that's sterilizing. Covid and flu vaccines save lives in vast numbers, perfect or not, but the capacity to have a sense of responsibility beyond your own life isn't equally distributed in our society so I do see and understand your point of view here. Still, this is very confusing reasoning. Like refusing to use the seatbelt in your car because the car doesn't have side impact airbags.

tata71 5y ago

> We're already back to full employment. These threats of en masse departures haven't really materialized This is not universally true.