[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 297 KB, 540x498, 1652119345524.png [View same] [iqdb] [saucenao] [google]
49853856 No.49853856 [Reply] [Original]

>$20k cash
>cash is dying
>stocks are dying
>crypto is dying
where the fuck do I park my money

>> No.49853918

Silver

>> No.49853921

>>49853856
the FED will pivot sooner than everyone thinks
this is not financial advice

>> No.49853978

>>49853856
buy some capital equipment that allows you to directly make money.

like a truck or some tools.

>> No.49853987

>>49853856
in yous aresehole

>> No.49854027
File: 22 KB, 334x506, 1632021310372.jpg [View same] [iqdb] [saucenao] [google]
49854027

>drugs are ath now

>> No.49854079

>>49853856
>>stocks are dying
>>crypto is dying
Either or.
>>49853918
That top, eh.

>> No.49854083

>>49853856
how about focusing on doing something useful and productive instead?

>> No.49854105

>>49854083
Stab yourself in the eye.

>> No.49854175

>>49853856
When the FED slashes the rates to near-zero and starts the QE, you go long (and leveraged)
When the FED raises the rates, you short and enjoy the shitshow.
How is this complicated?

>> No.49854216

>>49853856

Buy some I Bonds retard

>> No.49854227

>>49853856
>where the fuck do I park my money
acquire land

>> No.49854291

>>49854027
This OP, in bear markets people get depressed as fuck, that's when drugs go skyrocket, both legal and illegal, if you are too much of a pussy stick with the legal ones, if not... Mushrooms are going to be the next big thing, pot is almost saturated. With 20k you could make a nice mushroom farm

>> No.49854445
File: 279 KB, 700x700, __hakurei_reimu_touhou_drawn_by_kuro_jyupiter__0ebda1083efbfbbd5a86c50f3d4f2e19.jpg [View same] [iqdb] [saucenao] [google]
49854445

>>49854083
Who's saying I'm not? I just have the money sitting around.

>> No.49855629

>>49854079
Gold and silver ultimately will rise during the recession after a small drop. Maybe a small drop at first since people will need cash

>> No.49855652

>>49853856
>>49853856
Stocks are not dying. Shit stocks are dying. Good stocks are fine.

>> No.49855669

>>49854027

This is very true. I sell LSD and have for years, a single tab has gone from $20 to $35 in 4 years

>> No.49855721

>>49855669
How does one go about selling drugs? So you just buy wholesale from dark web and then sell at festivals?

How are you not sketched out from giving the dark web people your info?

>> No.49855813

>>49853918
This
Also move away from major population centers, ideally to areas that are agricultural powerhouses.

>> No.49855838

>>49854227
>gets property tax raised

>> No.49855852

>>49853856
Cash is king in a recession. Gold is likely a good short to mid term play too

>> No.49855860

>>49853856
literally everyone who wants to invest is holding back right now. in the end it wont matter because everything will go up again.

>> No.49855948

>>49853856
>Cash
4-8%?
>Stocks
20-40%
>Crypto
25-60%

Cash burn due to inflation is nothing relative to the potential future loss in assets. Cash, or TIPS.

>> No.49855981

>>49853856
Wherever the boomers do because the government will always try to save them first

>> No.49856034

>>49853921
pivot to what? JPOW seems pretty stoked on crashing the economy ngl frfr

>> No.49856062

>>49853856
This >>49854216

Put $10k into I-Bonds, park the rest in a 1.4% savings account.

>> No.49856085

>all these people saying cash
you retards are following a script, LOOK AT DEBT, even if the Fed falls asleep at the wheel and does nothing but hike rates, it is functionally impossible for the federal government to service interest payments, they will default unless they flood the market with more cash and MORE DEBT. there is no escape.
>>49853978
this is a decent answer. buy things that PRODUCE THINGS regardless of monetary conditions. buy things that will make you self-sufficient. civilization isn't going to collapse but the current monetary system isn't going to survive. you can try to guess what the next system will look like and place bets accordingly, but try to be realistic about it, don't fall for some huckster selling you a fucking rock or a useless shitcoin

>> No.49856117

>>49853856
Buy Banks. Jews never lose.

>> No.49856127

>>49854291
colorado and california are in for a shitstorm with legalized weed, the contraction here in the west has been felt and so many companies are going out of business already. the green rush for weed out here is leveling off

>> No.49856139

>>49853856
Bonds

>> No.49856185

>>49853856
cash is fine
wait for the housing market to crash then buy a house