What are you going to do about inflation?

[sebking1986]

GUSD and USDC
8%-11% APY

Think Next are doing 12.5% on USDC and USDT at the moment. UST Anchor is still kicking out 19.5% as well

 

[Sprout]

What are the broader implications?

https://twitter.com/x/status/1493704366267633664

 

[The_Krakenite]

 

[birdman]

UST Anchor is still kicking out 19.5% as well

Anybody here at this forum have money invested here https://www.crunchbase.com/organization/anchor-protocol Thoughts?

 

[murray t turtle]

Last month there was a popular post here asking, What is the fed going to do about inflation?

That's a good question, but i don't expect them to do very much. My question is what are you and I going to do about it, in the way of maybe moving funds around?

I'm 65 and my expectations / needs and desires are different from younger folks. I seen this coming and thought about investing in apartments, but didn't really want to. Probably should have, i just didn't want to bother.

What are you doing with your retirement money? What do you recommend to guard against inflation chipping away at your nest egg?

%%
Budget helps/Dave Ramsey budget helps a lot;
stocks/SPY/QQQ tends to beat inflation\may not in FEB/SEPT.
Avoid dumb stuff like buying, financing new cars. IF you are new car dealer, more power to you.
I fixed homes + businesses for >40 year, no thanks on rentals, but good for some.
Dave Ramsey said the Chevy truck ad ''Like A Rock'' = ''value drops like rock LOL.''
Recycle your fired .22 ammo brass/ lot of things to do

 

[birdman]

%%

Dave Ramsey said the Chevy truck ad ''Like A Rock'' = ''value drops like rock LOL.''

Good One Murray

 

[Millionaire]

We come full circle from 1980.

The above clip is HD, but it cuts out the ending:

1977 Mercedes 450 SL for $24000?

Thats too fuck-ing high!

Yes sir, we blew the shit out of that overpriced motherfucker!!

 

[murray t turtle]

Good One Murray

%%
THAT Chevy ad [Dave Ramsey version,LOL ] is rather easy to remember.
Another way to do it, a friend bought an auto, maybe from chicago, a beater with like leopard spots from salt/rust on doors\LOL
I would rather see a bit of inflation, like the FED/ FB is still deflating\deflating LOL.
Good, i like duck duck go better they don't censor like FB...................................................................................................,

 

[morganpbrown]

Last month there was a popular post here asking, What is the fed going to do about inflation?

That's a good question, but i don't expect them to do very much. My question is what are you and I going to do about it, in the way of maybe moving funds around?

I'm 65 and my expectations / needs and desires are different from younger folks. I seen this coming and thought about investing in apartments, but didn't really want to. Probably should have, i just didn't want to bother.

What are you doing with your retirement money? What do you recommend to guard against inflation chipping away at your nest egg?

A theme i've been hearing is that the fed's main concern is avoiding a credit crunch. Stock market stability not their worry.

To me, it implies that real estate will not suffer another 2007-12 crash, but stocks might drop 40%. Real estate will be protected this time.

Gold has been on a short term tear but I think it's a fear factor rather than people hedging inflation. (Gold has been sharply negative in an inflation adjusted sense in 2021)

 

[Cabin111]

If you have room...Buy toilet paper, paper towels, batteries (D,C,A, AA, AAA), a cow, plant a garden, grow fruit and nut trees!!

Also I bought something like this...

https://www.googleadservices.com/pa...izgtGNpY32AhUGIEQIHUPcCz8Q9aACegQIARBL&adurl=