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Can’t upvote this enough. Curious on what your thoughts on getting ahead of it for a pleb? TIPS? House in the suburbs to rent? Bitcoin? Gold?
by jonathan-adly 5y ago
Can’t upvote this enough. Curious on what your thoughts on getting ahead of it for a pleb? TIPS? House in the suburbs to rent? Bitcoin? Gold?
- engineeringwoke 5y agoProbably shorting high yield. Not investment advice
- mym1990 5y agoPatience. Trying to get ahead of the market will most likely just put you in a bigger hole. There is really no safe haven right now, treasuries pay nothing, inflation is eating savings for breakfast, housing is the worst of all. Your best bet would be to pick 5-15 uncorrelated assets and spread you investment over those assets and just wait. This would simply be to reduce risk.
- engineeringwoke 5y agoThe efficient market hypothesis is as dumb and made up as the price/wage spiral
- 300bps 5y agoThe person you’re responding to specifically mentioned TIPS. Your response seems to imply you don’t know what they are because they’re explicitly linked to inflation with a factor linked to CPI. So if inflation goes up 7.5% in a year then your principal invested in a TIPS bond goes up 7.5% even before you get the “nothing” coupon payment.
- engineeringwoke 5y ago> Weeeeellll, tips monocle, you must be uninformed of what TIPS mean, so I will take it upon myself to inform you, lest a know-nothing like yourself gets confused. TIPS are overpriced because of fixed income fund mandates, moron. I worked in bond sales. You don't have to be such a prick, you know.
- 300bps 5y agoYou seem a bit sensitive.
- engineeringwoke 5y agoI think you might have an anxiety disorder.
- mym1990 5y agoI do know what TIPS are, I even own a bit. One problem is that there is a yearly cap to how much you can buy, and its 10,000$. For some people that is all they have, but for others with more assets, it will only be a small piece of the bucket. Edit: TIPS and other treasury bonds are distinctly different.