4 ms·
starting a business (that produces things people need rather than want) as far as investments like stocks or bonds... i am largely sitting in cash since the in
by baremetal 4y ago
starting a business (that produces things people need rather than want)
as far as investments like stocks or bonds... i am largely sitting in cash since the invasion of ukraine. when things get bad enough (and the fed pivots) then i will buy stocks.
or you could just DCA if predicting macro trends isn't a fun filled activity for you (it is a hobby of mine).
- imnotreallynew 4y agoInflation is the highest it’s been in nearly two generations. Why do you believe holding cash is a good idea?
- aaaaaaaaata 4y agoThey don't. They said buy a business, and/or stocks at the right time.
- collyw 4y agoNot going to claim I have any great knowledge on this at all, but I stuck a chunk of cash into a moderately low risk ETF 6 month ago. It's gone down relative to the cash that is still in the account.
- logicalmonster 4y ago"Be greedy when others are fearful" I'm not advising anybody what to do, but the argument is that you'll be able to find good investments for a heavily discounted price if there's some real economic panic and everything crashes for a while. The inflation loss you take from holding cash for a bit might be more than offset if/when the economy recovers and you've got something at a steep discount.
- tmn 4y agoThere are different types of inflation. When inflation is due to ongoing currency debasement you might see all things rising in price (goods and asset prices). This is not what’s going now. We are in a tightening cycle. Cash is appreciating in value relative to speculative assets
- baremetal 4y agoi can weather a little inflation if it means i have a pile of cash to buy with both hands at the right time.