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/biz/ - Business & Finance

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49811942 No.49811942 [Reply] [Original]

>holding cash is stupid its subjected to inflation
>holding stocks/crypto is stupid because everything will crash soon
what the fuck am I supposed to hold then? A house?

>> No.49811970

>>49811942
hold your doggo and pray for better times

>> No.49811999

>>49811942
short sell everything in order to get more useless dollars that will eventually be worthless

>> No.49812008

>>49811942
Gold

>> No.49812018

>>49811942
Deez nuts lmao

>> No.49812022

>>49811942
>what the fuck am I supposed to hold then?
Your butt.

In all seriousness, though, I'm going to increase my cash position soon. It might get eaten by inflation, but other assets are falling, when measured against those inflating dollars.

>> No.49812024

>>49811942
Dont hold,just spend what you got

>> No.49812059
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49812059

Im all in on cash right now, waiting for 2023 to dump it all in the s&p 500 again and just wait another 5 years, also trying to minimize my cost of living so I can save up some cash as well just in case I have to quit my job/I get fired

>> No.49812098

>>49811942
pokemon cards

>> No.49812113

You're supposed to juggle them so you hold the best performing one at the moment.
And a house with lands.

>> No.49812132

>>49811942
land

>> No.49812149
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49812149

>>49811942
>A house?
Unironically this you niggerfaggot.
>You need one anyway, rentcucking is absolutely retarded
>Mortgage provides a good place to dump your spare cash to save on the interest
>Unironically trends upwards only
Bought my first detached home after owning an apartment for a while in early 2020, sold in late 2021 for a $215,000 profit and moved to even cheaper rural, mortgage will be paid off in <10 years now.

And I've never once bought cryptofaggo coins.

>> No.49812154

guns, ammo, tools.

>> No.49812157

>>49811942
short or long on bitmex with 2x leverage

>> No.49812174
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49812174

>>49811942
>But lay up to yourselves treasures in heaven: where neither the rust nor moth doth consume, and where thieves do not break through, nor steal.

>> No.49812175

>>49811942
Buy tractors and machines
Anything that can produce something

>> No.49812237

>>49811942
You should hold deez nutz XDDDDDD

>> No.49812243

>>49811942

>what the fuck am I supposed to hold then? A house?


CHF

>> No.49812272

>>49812008
>325K TONS OF GOLD MAGICALLY APPEAR IN A THIRD WORLD COUNTRY
>Gold tanks forever

What now

>> No.49812325
File: 597 KB, 1440x1151, biz buy silver.jpg [View same] [iqdb] [saucenao] [google]
49812325

>>49811942
silver

>> No.49812433

>>49812149
This. A house will still be a house even if fiat crashes 99%. Even if were in a bubble its the most normie friendly place to park your money. You can use it or rent it.
I dont see more than a 20-30% drop in usd value, so i wouldnt even bother trying to time the bottom
Im also pretty sure they are gonna turn usd printers rather soon and even bigger than 2020

>> No.49812991

>>49811942
Cash is king right now. Goldbugs OUT

>> No.49813006

>>49811942
Unopened trading card booster boxes

>> No.49813023

>>49812098
This guy knows

>> No.49813060

>>49812272
ok go grab me 10 oz real quick ill give you $1k usd in any form of currency you want

>> No.49813137

>>49812272
>Federal reserve vault in NYC is robbed and the robbers somehow lose all the gold at the bottom of the ocean
>Gold moons forever

What now

>> No.49813175

>>49811942
Your wife.

>> No.49813221

>>49811942
>hold house
>earthquake/fire/flooding/niggers destroys it

>> No.49813343

>>49813221
>What is home insurance
You're a pretty dumb fucking nigger huh.

>> No.49813385

>>49811942
>what the fuck am I supposed to hold then? A house?
Yes but I'm priced out of that already kek

>> No.49813557

>>49812991
Everything is inflating you clown. Commodities are king. Even investing in pasta is better than cash

>> No.49813641

>>49813343
>sorry anon, this policy doesn't cover earthquakes/fire/flooding/niggers

>> No.49813759

>>49811942
>what the fuck am I supposed to hold then? A house?

unironically yes

>> No.49813808
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49813808

>>49813641
That's why you buy a policy that does and check the exclusions beforehand, nigtard.

>> No.49813822

>>49813557
Would you rather take a 8% inflation hit on cash or 50% hit on stocks plus 8% inflation? Cash is king right now and anyone who days otherwise is a retard who thinks they are a genius because of the bullrun

>> No.49813836

Ideally, various different assets

>> No.49813866

>>49813808
All policies are like that.
>oh, this earthquake was 7.2? Sorry, we only cover up to 6.9 earthquakes
>flooding? Sorry, this policy doesnt cover global warming
>fire? Sorry, this policy only covers 30 % of the total price
>niggers? Sorry we don't cover mostly peaceful protests
Insurance companies routinely spend more money in court trying to prove they don't have to pay a specific thing, than they would spend actually paying it.

>> No.49813910
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49813910

Inflation is only -4% a year on average. It would take 10 years to lose -40%.

Normies legitimately lost the same -40% in the last 3 months.

>> No.49813944

>>49812018
you need to go back

>> No.49814065

>>49813822
this

>> No.49814309

>>49811942
this should qualify as animal abuse

>> No.49814379

>>49813910
40% fire sales? sounds like an okay deal. Can we get 80% liquidation sale?

>> No.49814460

Unironically invest in your own education and well being.

>> No.49814473

>>49811942
/pmg/ faggot

>> No.49814699

>>49811942
You're supposed to hold the markets hostage
I'm sorry goy, it's not personal

>> No.49814713

>>49811942
Invest in women and children

>> No.49814771

>>49813910
>Inflation is only -4% a year on average. It would take 10 years to lose -40%.
That's not how percentages work. Losing 4 % every year for 10 years would actually make you lose ~44 %.

>> No.49814847

>>49811942
You shouldn't 'hold' anything.
You should have a wide variety of things that bring you a steady income that matches inflation and buy/sell them. Being static is death, change is life. Ride the wave anon.

>> No.49814902
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49814902

>>49811942
right now don't listen normie or other retards that saying to you "holding cash is stupid". Cash in time of recession is a king even with this inflation.