Safe as cash investment

MarkBrown · Feb 26, 2022

deaddog said:
Whatcha goin to do. Rob banks? No money left, everyone's using crypto.

with guns and ammo you can have what you want... just ask putin

deaddog · Feb 26, 2022

MarkBrown said:
with guns and ammo you can have what you want... just ask putin

Let's see in a month or so.

newwurldmn · Feb 27, 2022

Bugsy said:
It's funny, I asked my manager the other day if he had his money at play in anything. He replied, "No way man I took all my cash out of the market right now with this inflation." I was shocked with confusion as I tried to explain to him he was doing the very opposite of what he should be doing, to which I could not seem to get through to him.

What he means, and the question you're really trying to ask, is you are looking to put your money into something that is safe while staying ahead of inflation, something just keeping it in cash cannot do. The problem right now is that true inflation is currently at 40 year highs up close to 15%, while the historical inflation average is around 2%.

So if you want something that is going to keep it completely safe, while also hedging against current inflation you will need to put it in something like a longer term CD. It will be a low ROI, like 3-5%, but it will average out for when inflation is brought back under control.

I talked to a hedge fund manager who runs a 20 billion dollar fund. He said that he had put all his personal wealth in Russian rubles. I was shocked with confusion as I told him that was the opposite of what he should be doing.

I’m so smart.

Bugsy · Feb 28, 2022

newwurldmn said:
I talked to a hedge fund manager who runs a 20 billion dollar fund. He said that he had put all his personal wealth in Russian rubles. I was shocked with confusion as I told him that was the opposite of what he should be doing.

I’m so smart.

I dont see the correlation with my story, or the point you're trying to make.