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To: Cold Heat
Well...talking about investments, I am out..

In cash..

Well, that's known as investing in the dollar.

Unfortunately, there's no way to avoid investing (other than just giving everything away). Wealth must be held in some form. You're just investing in the dollar. If the value of everything else collapses (relative to the dollar), the dollar will be a good bet.

35 posted on 07/30/2014 9:28:22 PM PDT by Tau Food (Never give a sword to a man who can't dance.)
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To: Tau Food

Sure.....but at least I have salvaged what I could before I lose it.. I plan to not invest but to use a lot of that cash for things I expect that I will need at a time when these things will not be available.

In a way, I suppose one could view that as a investment.

A little bit of construction equipment, some fuel storage tanks, some agricultural stuff, for maximum yield in small spaces. A travel trailer, a 4 wheel drive with winch. Some solar equipment, communications gear.

I already have the land and the place. Been working on it for a couple years now. buying stuff when I can find it at a bargain.

In short I plan to be self sufficient if necessary. If not necessary it will be just another bunch of hobbies.

But I can’t risk any of that in a market I no longer trust or believe in. After 2008, Some Chinese frauds took me for a ride in 2011-2012. I made most of that back and got out, just in time to see a bunch more go into the tank and delist.

Since I do not play short of do options, the market is not a place for me. Some thrive, but I don’t..

Yes, the fed has destroyed the saver. I know that.

Don’t plan to save all of it.


36 posted on 07/30/2014 10:00:12 PM PDT by Cold Heat (Have you reached your breaking point yet? If not now....then when?)
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