Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: politicket

What advice do you have for the future for people with money to invest (or at least protect)


20 posted on 12/13/2023 11:06:16 PM PST by Mount Athos
[ Post Reply | Private Reply | To 8 | View Replies ]


To: Mount Athos
What advice do you have for the future for people with money to invest (or at least protect)

I'm not an investment advisor, so don't really offer any.

I can say that most of our assets are on the sidelines in short-term US treasuries right now (4 week, and one tranche in 13-week).

I don't currently trust real-estate, the equities market (even though it reached a new high today), or commodities like oil, gold, or silver.

The reason is that I believe we're heading into a long-term global recession where existing debt will bury people and the old adage of "cash is trash" will now be "cash is king".

21 posted on 12/13/2023 11:27:38 PM PST by politicket
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson