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This isn't the first article of hers I've read, the advice for investment in hard money, or at least putting a significant % of your savings is essentially gold
by fullshark 2y ago
This isn't the first article of hers I've read, the advice for investment in hard money, or at least putting a significant % of your savings is essentially gold and btc based on previous articles of hers.
I understand what she's saying, and I agree with that part of the article, but she's big on the "hard money" portfolio (lately? I think?). The advice to buy index funds is basically "you own a % of all of industry" which is these money printing machines I talk about, and i'm more confident people are going to need industry in 20-40 years than "hard money."
- abraxas 2y agoI haven't followed her at all nor read any other articles. I agree with you that stocks should be owned and I own them. But I also don't shy away from gold, commodities or bonds. I believe that diversification is the best route to capital preservation that we have. I make an exception for bitcoin though which I consider utter idiocy.
- fullshark 2y agoI'm too young to worry deeply about capital preservation, but maybe I'll get there. I didn't even get into the fact that our government enacts monetary policies built around ensuring assets (namely stocks and bonds) do not lose value and keep inflating up and the right. I just simply don't see a case for commodities at least at the horizon i'm investing at.
- FabHK 2y agoIndeed. This article is fairly good, but a lot of the author's writing is strongly biased towards gold/crypto.