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To: cuban leaf

You are gambling by holding dollars that will be worthless someday (and that day grows ever nearer). I roll my eyes every time I see someone talking about “cashing out” back to worthless fiat for a short-term profit.


55 posted on 03/08/2024 11:35:35 AM PST by EnderWiggin1970
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To: EnderWiggin1970

You are gambling by holding dollars that will be worthless someday...


Who’s holding dollars? I am all about holding “stuff”. i.e. real estate, a fully stocked shop with all the tools I need, Transportation (three cars and one 4x4) 250 gallons of gas, two natural water sources, etc.

Also, zero debt and real estate taxes equivalent to a medium pizza every month.

You can not eliminate risk, but there are plenty of ways to mitigate it. Oh, and having SOME cash on hand for an emergency is also not a bad idea.


57 posted on 03/08/2024 12:28:33 PM PST by cuban leaf (2024 is going to be one for the history books, like 1939. And 2025 will be more so, like 1940-1945.)
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