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/biz/ - Business & Finance


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51561077 No.51561077 [Reply] [Original]

Who else 100% cash and can finally sleep without worrying about anything

>> No.51561123

>>51561077
me
i just come to this board to laugh at people
during bull markets i wanna rope, ngl

>> No.51561157

>>51561077
>>51561123

you idiots know cash is losing value at the fastest rate of all time right

thats what inflation is. real inflation is at least 20%. your cash is worth 20% less than it was 2 years ago

>> No.51561245

>>51561157
and what alternative do you suggest? cypto, the store of value? lmao

>> No.51561347

>>51561245
there are several alternatives. cash is trash. diversify. that's rule #1

>> No.51561361
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51561361

>>51561157
AHAHHAHAHHAHAHHAHAHHAHAHHAHA
so dollar is getting stronger against everything including stock market, real estate, btc and even to every other currencies on the planet
but PM retards keep saying that inflation is 9%, how do we resolve this paradox?
the 9% inflation is called consumer inflation that track consumer prices only, it doesn't include asset prices, so while asset prices are crashing against the dollar the consumer price stays high
now if i hypothetically have 1 million dollar (just for simplicity, i actually have more) and the dollar is getting stronger, my 1 million dollar is deflating and getting stronger and i can buy more assets with the same 1 million dollar, what's getting weaker is my $100 weekly food budget, with 9% inflation now it's $109, but it doesn't affect me since i have one fucking million dollar
now, why is every PM retards insist that dollar value is diminishing through inflation?
it's because they're so poor their money is 100% allocated for consumer products such as food and gas
that's it, that's the paradox, they're fucking poor, fucking kek

>> No.51561373

>>51561361
tldr

>> No.51561449
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51561449

>>51561361

>> No.51561538

>>51561245
Algorand.

>> No.51561708

>>51561361
This.

US dollar is where to be now. I'm holding my (((Benjamins))) with both hands until I can load up on the S&P at 3200 and Dow at 27k. Good too see that biz/ is not 100% full of retards

>> No.51561861

>>51561361
imagine having "much more than a million dollars" - and then going on here, bragging about watches on literally every other post, and talking down to literal amateur retail traders/investors/morons and thinking you are hot shit...
You got some serious small dick energy (or little man syndrome) to even be here doing this. I see you a lot here, doing this. Consider getting some help with all of that money you got big boy. Noone who I know who are successful act in this manner, which makes me think you got lucky on a memecoin or something.
Lets hope that isnt real, because it would be pretty pathetic.

With that said, I will have to agree with you on PMs being fucking retarded in this environment. -And is largely in general.

Best of luck big boy

>> No.51561904
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51561904

$200k in cash, doing absolutely nothing with it, and I couldn't be happier

>> No.51562583
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51562583

>>51561077
done it in 2020. miss the rally. now 60%cash in case Jerome decide that inflation is "not my pb" and go dual mandate "need stimulus for black and women"

>> No.51562597

better than being in cash is being short
fuck this fraud market send it to zero

>> No.51562718

>>51561861
Would bet all my future wage checks the cunts a jannie

>> No.51562924

>>51561245
literally yeah, at least 10% of your cash value in crypto would be smart

>> No.51562947
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51562947

I invest all in domino. do not underestimate the american consumer

>> No.51562967

>>51561077
Buy something don't keep to much cash lmao

>> No.51563225

Feel pain now so you can be painless for the rest of your life

>> No.51563243

>>51561708
/biz/ is full of kikes like you

>> No.51563283

>>51561157
>keep your money in bear markets goy

Better to hold cash and lose to inflation that hold stock losses up the asshole and lose to inflation

>> No.51563309

>>51561077
you not worried it will go up?

>> No.51563340

>>51561077
when I'm 100% cash I sleep worried that I missed the bottom

>> No.51563368
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51563368

>>51561361
saddest fucking rich person I've ever heard of. if you're LARPing that's pretty pathetic. if you're actually rich and spend your time posting pictures of your jewelry and shitting on poor people on /biz/, that's extremely pathetic.

>> No.51563449
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51563449

>>51563368
>>51561861

>> No.51563473

>>51561077
Been cash since November 2021.
Lady at work wanted to buy Doge and the zuck just sold his stocks.

Immediately sold all my assets (mostly crypto)

>> No.51563489
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51563489

>>51563449
have sex

>> No.51563499
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51563499

>>51563489
>have sex
poorfag incel projection

>> No.51563528
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51563528

>>51563499
lol really though, have sex.

>> No.51563541

>>51563528
Ngl I'd probably take a rolex over sex. Sex kind of sucks when you got a 3 inch cock and only fuck fat chicks. Tried fucking a petite asian once and it was just awful. If she ain't pushing 180 she ain't a lady

>> No.51563546
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51563546

>>51563528
poorfag can't insult anything other than projection
they think what hurts for them will hurt others, not everyone is a poorfag and incel deadly combo

>> No.51563562
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51563562

>>51561077
I shorted 22k so similar feel. Bring the shemitah dump
Want cheap btc and dog holding a stick to play baseball with

>> No.51563736

>>51561077
>inflation blocks your path

>> No.51563797

>>51561077
You're honestly retarded if you're 100% cash, that's quote literally the worst thing you could do during stagflation.

>> No.51563813

>>51561245
I'd say for now, yeah 10-20% crypto, 10-20% industrial stocks, the rest commodities. Cash is THE stupidest thing to hold now, and bonds.

>> No.51563818
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51563818

>>51561157
Check the DXY fgt

>> No.51563819

>>51561077
Me :)

>> No.51563844

>>51563797
>the worst place you could be in a bear market is cash
The best place you could be is shirts but I guess the second best place is cash and third best place is long term fixed interest debt

>> No.51563850
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51563850

>>51563818
Oh no, it's retarded. Now put that DXY over CPI. Here I'll do it for you since you're retarded.

>> No.51563863

>>51563844
Shorts*

>> No.51563872

>>51563844
Except we're not just "in a bear market" we're in a bear market IN stagflation, similar to early 1970s, not 2008. And what things excelled during that time? Oil, copper, wheat, gold.

>> No.51563886

>>51563872
that must be why gold dumped to 2011 levels, kek
Only up 15% from the covid lows too. Shit is sad to look at.

>> No.51563891

>>51563850
Ok now put your SPY or shitcoin against the dollar.
>inflation is still 8% so I should lose 50% of my money by putting it into the markets as a hedge against inflation
Fucking retards

>> No.51563904

>>51563850
holy fuck anon so you're just stacking consumer goods or what? the dollar is still BTFOing pretty much all assets right now. stocks, gold, bitcoin are all getting raped against the dollar.

>> No.51563922

>>51563886
>2011 levels
cope, gold was on a wild bullrun in 2011. this thread is retard hours all around right now.

>> No.51563930

>>51561077
Cash
Bitcoin
Vanguard total world

I'm feeling pretty cosy.

>> No.51563957
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51563957

>CASH IS LOSING 1% OF VALUE PER MONTH SO BUY CRYPTO AND LOSE 30% PER MONTH

>> No.51563979

I'm addicted to crypto, I feel bored af if I don't have any stake in the market even though it'll probably annihilate my money

>> No.51563981

>>51563957
Damn Chuddie looks like THAT?

>> No.51564006

>>51561157
Dollar inflates 10% a year while stocks do -30%, who's the winner there?

>> No.51564048
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51564048

>>51563922
You're the coper, dumbass. Pic rel
It's current price is LITERALLY 2011 levels